mrLOBSTER
Short

SPX Short Position targeting

FX:SPX500   S&P 500 index of US listed shares
Follow the RSI line. Daily penetration = SL.
Yes, Master! He will join us or die! =)
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mrLOBSTER captain_smollett
Ay Ay! :D
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Love to see it
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mrLOBSTER Quantum_Maryland_Capital
Smaller TF's looks like they have already overextend enought... Lets see how this chicken flys..
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rsi gonna explode and jump to 112%
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What time frame? On a daily basis, it has not exceeded 70 by much in the last five years
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sacrelege PRO Quantum_Maryland_Capital
it was an inside joke, between lobster and me. RSI can't get past 100 btw.
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Ok, that makes sense but what I said is true...........about 71 is the high over the last five years. Thanks for the reply.
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Interesting that I came up with 2128 while developing a potential harmonic which would suggest failure at that level. It's also a massive level of resistance.
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Ended Friday on the target line with humongous bear divergence ;)
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