Technical Analysis Finally a correction in the latest move to the upside, as we moved up we kept looking for the point where the sellers were in control for a short time. Now that we see RSI back to normal levels we are out of the overbought area and are ready for the next leg up. 05 Dec 2019 Market in correction Finally a correction in the latest move to the upside, as we moved up we kept looking for the point… admin No Comments
Technical Analysis The S&P500 ( SPY ) has reached a short term top at around 312.3, the last few days have declined slightly but with increasing volume , this means the market is trying to correct the previous run-up. 20 Nov 2019 Overextended Market- Part II The S&P500 ( SPY ) has reached a short term top at around 312.3, the last few days have declined slightly but with increasing volume ,… admin No Comments
Technical Analysis Market to the upside; RSI closing on overbought levels and ATR is at low volatility. Reduce risk and wait for an opportunity, as this up leg's not over yet. 13 Nov 2019 Overextended Market Market to the upside; RSI closing on overbought levels and ATR is at low volatility. Reduce risk and wait for… admin No Comments
