Extremely Oversold Conditions

By RedPillVision
Updated
All momentum oscillators are beat into the ground.
At minimum, a relief bounce is likely.
Nothing is guaranteed.

A nine-hour candle close below ~25,123 invalidates this setup.

Good Luck. 🤝
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I didn't realize the Vix FIX / StochRSI Strategy would show up in the description.
Ignore that completely. It is not part of the analysis.
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Another view. Trade still active.
snapshot
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Update. Still sitting in this trade. I have added to it on dips.

snapshot
Trade closed: target reached
Target reached. Trade closed. 🤝
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snapshot
Technical Indicators
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