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DJIA 5 Day RSI Suggests Retracement Bump Nearly Done

Started by SemiBizz , Mar 08 2007 08:04 PM

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Volume Dynamics Specialist

Posted 08 March 2007 - 08:04 PM

http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=1&mn=0&dy=0&i=t16733213060&r=3550$.png

Trouble starts when we get over that 50 line today's reading was 47.48. We might just see that tomorrow.

Look how fast RSI fell this time compared to May...

http://stockcharts.com/c-sc/sc?s=$INDU&p=D&b=5&g=0&i=t05363905542&r=5223$.png

Edited by SemiBizz, 08 March 2007 - 08:08 PM.

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