Market View, for RSI-5 Traders.
In the last 2weeks i have been calling the rsi-5 play with consistentcy. Its not cause of me, its cause the vto-report is consistent, and i run my plays from that "known" point.
The current upside situation with DOW and S&P does not directly effect the play we're in. If it does, it will be obvious.
Tech, Nasdaq, Q's, SMH are the market leaders, when the nasdaq goes, so goes the market. We, the leaders, (RSI-5 traders) have not broken any lines yet. When that happens, we will know. As for sector rotation, that play is limited.
1, RSI-5 play is still in-effect
2, Support/resistance play is in-effect
3, Buy red-day, sell green-day is in-effect,
