??"cyclical indicators do not work in a trending market"..per Zeev's post the BPCOMP RSI is near levels seen at previous tops..why is this move a trending move (hence the thesis that cyclical indicators are useless) vs prior moves?
..does that mean that the move from Oct lows to Dec highs was not a trending move but a cyclical move? (hence the RSI on BPCOMP seemed to 'work' then?)
All trends are trends..until they change..then they call them cycles-g