ERIE's chart seems to work on overbought levels. The chart mark the levels where the RSI is overbought, and when it goes back to under 70. Using these as signals have worked well in the past; of course past performance is no guarantee of future results; and Implied Volatility is over 400% higher. OBV has stayed in its upper channel ( Bull ) 200sma is working as...
I haven't seen a chart like this. Overbought conditions tend to go to extremely high levels. ( RSI<30 oversold & RSI>70 overbought). Technical Analysis: I see a positive divergence between the bull rally from February (marked in the chart) and this June bull rally, is that the OBV is 50% higher! RSI(10) @89, last rally ended on RSI(10) @94. Check out...
We can see clearly in this x-ray of the major index of USA there is a clear evolution in the last 3 months, you can clearly identify two sides, One that of the winners, made up of sectors such as;; Kie ( insurers ) / ITA ( defense, aerospace ) / splrct ( tech s&p 500 ) , . and on the other , you can see the side of the losers, :: made up of sectors of :: kbe (...
Last candle is just driven by forex,(EURUSD), not by real flow. KIE is a big short