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baja6string

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baja6string

Re: frenchee post# 8223

Thursday, 08/11/2022 5:30:56 PM

Thursday, August 11, 2022 5:30:56 PM

Post# of 8312
Both Bollinger Bands and RSI are close to an overbought "sell" signal. When they signal in tandem, it is usually at a top. We do seem to be getting closer to a top of some kind and I suspect it will signal the end of the rally, especially if the day is also a high-volume, high-price move up-day. That would qualify as a blow-off top for most traders.
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