SPX is officially entering "Trough' lands according to RSI !

Updated

Most of our troughs happened just around 40ish area or so of the RSI on a daily chart. Nothing here is a about certainty
it is all about probabilities.

Note

RSI is printing 51 big jump from 44 last Friday 1

Note

Printing 42.59 we are pretty much aligned with RSI'S troughs since Feb of 2021 just shy of that to be exact. We might get another dip here as well time will tell.

Note

RSI is printing 39 into "Trough" lands !

Note

Trough land it is !

samitrading

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