Following on from previous posts about hitting the daily RSI overbought area, I am beginning to see a slowdown, that may bounce off the 8300 support without dropping below the RSI Daily 30%. In which case a smaller upward trend will follow along with more sideways before eventually dropping.
IE: the bounce back may take longer than I initially expected.
Comments would be appreciated.
Caveat: I am not a professional trader or adviser. Do your own research before making any trade. Never trade more than you can afford to loose.
IE: the bounce back may take longer than I initially expected.
Comments would be appreciated.
Caveat: I am not a professional trader or adviser. Do your own research before making any trade. Never trade more than you can afford to loose.