I’m not sure if this is significant, but the RSI has been in a tight channel since about 16 Oct 2019, the same timeframe the PA has also been in a tight channel. The RSI just broke above the channel. Does anybody have any comments on a channel on the RSI? Is there any significance?
I believe I will look for a PA break above the channel and consider a long trade. But if you have any ideas on this, write back here. Com'n all you smart guys - I am noob enough I want to learn about your ideas.
Except for a couple of low spikes, the PA is at a near record low as far as my chart goes back to May 2002. For what it is worth, the PA has been in a UT since 13 Aug 2019, as seen on the 1D chart:
I believe I will look for a PA break above the channel and consider a long trade. But if you have any ideas on this, write back here. Com'n all you smart guys - I am noob enough I want to learn about your ideas.
Except for a couple of low spikes, the PA is at a near record low as far as my chart goes back to May 2002. For what it is worth, the PA has been in a UT since 13 Aug 2019, as seen on the 1D chart: