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Emrut
Jul 20, 2019 4:59 PM

RSI Divergence for 10 year notes on DAILY chart  Short

10-Year T-Note FuturesCBOT

Description

When we look into monthly and weekly charts, both RSI and trends are going up. But when we go down to daily chart, RSI is not supporting tre uptrend, just the opposite RSI is weakining on daily. This may be an indicator of ending bull market.

Trade closed: target reached

Value broke the resistance as we guessed from the uptrending triangle
Comments
Bullandbeartrading
Good analysis at the chart and indicator, i follow you for that set up.
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