Hmm, I’m not trying to tell you how to suck eggs, however when the SP is falling creating new lows like is apparent in the LTR chart and indicators like RSI are rising at the same time creating new highs that’s what in my book is called +ve divergence and yes that is commonly considered a possible bullish sign.
I guess that is one reason why I’m looking out for a reversal to arrive soonish.
New TA/Charting, page-13549
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