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Re: Tkmoney1 post# 164561

Tuesday, 11/15/2022 2:19:44 PM

Tuesday, November 15, 2022 2:19:44 PM

Post# of 198893
Yup... RSI was in the teens too, and they had to reset it before continue the pattern. This is why I coined it Groundhog Day. Identical Pattern for 19+ months.

1. Set artificial ceiling and guard at all costs, while pushing down from there.
2. Trade sideways down for a few days until they can drop the artificial ceiling by 0.005. Once they can drop it, which is usually assisted by a pre-market fakedown (dropping opening ask under prior close), drop it hard and fast, then stack under the new artificial ceiling, which has been lowered by 0.005
3. Guard/block new ceiling and start pushing down again....

They repeat 1-3 day in day out until the RSI reaches oversold, and usually down to 20ish or lower. Once that happens, we get anywhere from 3-5 green days to push the RSI back to 70ish, at which point they start at #1 all over again. It's been 19+ months of this now, with no end in site.