the RSI was following the course of the previous dump exactly as well as the price action, but in the last 8 hours it popped over the resistance trendline of the downward channel it was in. In the last July dump it could not breach it's downward channel. So nust watch for a change in trend.
JulienBBS
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If we gonna break the 62 line, than it does look pretty dark, but I m actually sure this will hold. I saw this month as a discount month. Cheers
nagihatoum
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@JulienBBS, let's hope it holds and bounce from here.
Bullandbeartrading
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Very strong trendlines buddy!
nagihatoum
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@Bullandbeartrading, Most are projections and gann fans. it's interesting that the bounce on the 15th is a pivot point of projections coming from the uptrend. I just experiment and try to see what they mean.