Wednesday, December 18, 2019
RSI on the ASI shows a bullish divergence on the Hourly Chart
6050 was a level that got respected during the present consolidation of the ASI. During this period we saw the RSI going up in the opposite direction of the down trending ASI on the hourly chart. This is a bullish sign for the Index, But need to see the RSI breaking above 50 points to add strength for the ASI to make a trend reversal.
Subscribe to:
Post Comments (Atom)
Loss and Gain of the ASI in 2021 vs the Loss in 2022
This ASI chart shows the All time high in 2021 of 9025.82 on the 29th 0f Jan'21 and the fall to the yearly low of 6852.64 on the 19th ...
-
From the 12th of May 2020 I started covering a Strategy on AEL, which is called M-REV. It is the combination of MACD,RSI and EMA indicators... -
Dr. Michael Burry is the ONE EYED Physician turned Fund Manager, who figured out that the Housing Market in the US is going to fall apart,...
No comments:
Post a Comment