OBV at alarming levels
Since the year started, OBV had stayed above the horizontal purple arrow, but since mid-May, it has been downtrending, and on June 5th, it crossed below this level.
RSI divergence shows some strength, as we are making higher lows. But the order of importance is: price, volume, RSI.
The width of the Bollinger Band hasn't been this low YTD, which is signaling some potential volatility.
RSI divergence shows some strength, as we are making higher lows. But the order of importance is: price, volume, RSI.
The width of the Bollinger Band hasn't been this low YTD, which is signaling some potential volatility.
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