17 AUG 22010 - TECH-NOTE: 1 - RSI indicates sellers in control 2 - Secondary indicators remain bearish 3 - Selling pressure demonstrated in A/D and OBV lines below their 21-EMA 4 - Market makers are the only element on the buy side, as indicated by ChiOsc crossing above is 21-EMA Overall: BEARISH Caveat: Look for trend violation to the upside in RSI and bearish channel boundaries.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.