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BonelessCat

08/11/16 3:21 PM

#3571 RE: slick17 #3570

That would be great, but the safer and more reasonable expectation is next week. We also don't want that RSI to overheat (among other indicators) before news even comes out. The best set up is for there to be as much upside signal as possible before any sell signals set in. If it's already overheated with strong sell signals then that's when we get "sell-the-news" reactions from traders which will kill any rally without a well ordered series of PRs announcing catalytic events.