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S&P 500
5,070.55
(
0.00%
)
US TECH 100
17,124.00
(
0.71%
)
Dow Jones
38,503.69
(
0.00%
)
Brent Oil
87.47
(
-0.11%
)
Bitcoin
66,373.48
(
-0.06%
)
Post# of 2804248
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Tellin_Fibs

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Tellin_Fibs

Re: None

Tuesday, 07/26/2016 4:21:15 AM

Tuesday, July 26, 2016 4:21:15 AM

Post# of 2804248
Compensated Awareness Post View Disclaimer
RSI tends to fluctuate between 10 and 60 in a bear market (downtrend) with the 50-60 zone acting as resistance. Chart 10 shows 14-day RSI for the US Dollar Index ($USD) during its 2009 downtrend. RSI moved to 30 in March to signal the start of a bear range. The 40-50 zone subsequently marked resistance until a breakout in December.
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