Jump to content



Photo

Super Bullish RSI system status


  • Please log in to reply
No replies to this topic

#1 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 26 April 2008 - 03:07 PM

The RSI+ is in a rare bullish configuration leading the basic RSI system.
Basic RSI still in bull mode.

It would take a daily close below 1886 for the first ST sell, 1825 for the larger sell.
May should not go below 1825, of course this will change daily and by time we get there.
Monday low should not exceed 1886.

It's also staying above the regression channel centerline (not shown) in full bullish mode.
Now the mkt gods will punnish me for that.

Posted Image

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan