lemongrab16

lemongrab16

Trying to time corn again out of indicators, and historic patterns, sounds a bit silly at this tie, but as the title says, uncharted waters. On a Connors RSI every period spent on the overbought zones ended with a touch back at the 7 SMA. I noticed a pattern of 3 periods with different lengths where this happened. If the pattern is to repeat it self this should...

lemongrab16 Updated 

RSI overbought for over 7 bars, similar pattern struggle between previous market structures. Another failed breakout from resistance follow by a failed breakout might be a confirmation.