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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (10486)10/30/2020 12:52:27 PM
From: rimshot  Read Replies (1) | Respond to of 97457
 
notice how the 21,2 %B behaved on the SPY daily chart during the March 2020 time period

stockcharts.com

as of October 30th, bears need the daily RSI-14 to remain below the important 40 level when the future
daily closes by the RSI actually print in the coming days
... bearish Staying Power has no chance to exist if
we do not see multiple daily closes by the RSI-14 that remain a sizable distance below the RSI-14 40 level