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AleksanderThor
Mar 20, 2016 4:20 PM

A note on RSI behaviour in $DAX 

DAX index of German listed sharesFXCM

Description

Notes on chart

Comment

Comment

Target DAX (note: A combination of two methods)

Comments
AleksanderThor
Will add to short if we get a retest of the neckline
AleksanderThor
RSI just broke out of the ascending channel in the descending channel before heading for the bullish 70's
AleksanderThor
Let's see if the larger channel on the 15 min frame can lead RSI into bearish area between 60-20. I will sell every break of the diagonal Action Reaction Lines:

AleksanderThor
A really nice fib cluster with an ab=cd in the RSI was the high of today so far.

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