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ioxoi
Sep 11, 2014 9:11 AM

Decision point in RSI channel Short

Description

the last 3 month the daily RSI are in a descend channel, we are in the end of the trend?, or the confirmation of the new downtrend?
Comments
BenjaminNewton
so what does this mean exactly? the RSI has just about popped the red line, is that at all significant?
ioxoi
The meaning for me is a trend, when it's broken I suppose the end of the trend and the beginning of other trend, but in this case only touch the limit before to going to the down of the channel
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