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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 (15410)	1/15/2021 1:40:55 PM
From: rimshot	3 Recommendations Recommended By ajtj99 Lou Weed The Ox Read Replies (3) \| Respond to of 96842

SPY weekly with the focus on the RSI-14 70 level as a potential upper bull/bear divider - stockcharts.com most recent prior extreme low Vigilance level is 20.72, the decline low in March 2020, using end of day values (not using weekly closes for the RSI-14) since the SPY weekly RSI-14 failed its advance and reversed direction this week very near the 70 level, the November 2019 article by the technical lead at StockCharts is worth a read, *just in case this one-day decline eventually* has legs** stockcharts.com some specific ideas in the article may be relevant in the future