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Re: Timing101 post# 159996

Tuesday, 09/20/2022 2:21:18 PM

Tuesday, September 20, 2022 2:21:18 PM

Post# of 198711
Here's hoping. In all the prior bounces, weekly RSI had an effective floor of about 35. It's currently 32.5 on my chart which is new territory - and precariously close to a breakdown.

Edit: added the chart and noted some other interesting things. Possible falling wedge with profit targets near .07, .15 and .20 if this reverses. Red arrow shows weekly RSI lowest in recent memory. MACD is really close to crossing but currently reflecting down (I can't zoom close enough to show it on this chart timeline but the latest five ticks are bright red and getting taller ie current trend is strong)



Pink dashed and light blue lines are bollinger bands, dark blue is 200 week MA.

Weekly (intraweek):


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