Sunday, January 19, 2020

ASI - Next week is critical. Watch for the RSI and the EMA 9 on the Hourly chart

The short term trend is bearish in the ASI. The RSI on the weekly chart broke below 50 since Sept'19. There is a chance for the ASI to recover in the next week for which the RSI has to break above 50 points and the index line should rise above the EMA 9 on the hourly chart. Lets hope that will happen during the week.


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