Only looked back as far as september 2019 but anytime that;
1) Weekly Stoch RSI and Williams %R were both in oversold territory
2) Close to bottom of Weekly bollinger band
we had a nice rally in the weeks after. This is setting up again right now and we also have a slight bull div developing on the regular weekly RSI
1) Weekly Stoch RSI and Williams %R were both in oversold territory
2) Close to bottom of Weekly bollinger band
we had a nice rally in the weeks after. This is setting up again right now and we also have a slight bull div developing on the regular weekly RSI
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.