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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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 ...
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