The S&P500 / ES is sitting right at a critical point which I believe will break this week or next The weekly chart shows that the S&P is now above most key moving averages, including the 200 moving average (displayed in black), the 20 moving average (displayed in white) and the 50 moving average (displayed in yellow). Also it has broken above the upper...
The S&P500 / ES is sitting right at a critical point which I believe will break this week or next The weekly chart shows that the S&P is now above most key moving averages, including the 200 moving average (displayed in black), the 20 moving average (displayed in white) and the 50 moving average (displayed in yellow). Also it has broken above the upper...
So in this post I am going to show you an indicator you probably have never heard off and that is the relative vigor index, here in the chart I have shown a few examples of how it can be used for confirmation, It can either be used to spot hidden divergences or used for when price pullsback to a moving average as a tell tale sign the market is ready to continue...
Since its inception the Russian Vix has capture 3 events that have had world wide impacts with a pretty stochastic level of fear in each.....maybe. Currently sitting at its highest reading with what can only be compared to the possible onset of WW3 in Europe with their 1st military engagement in 75 years happening with one of the top 3 Super Powers involved. If...
Little trick id thought id show you guys, using the relative vigor index to find divergence, enjoy ;)
101 tech analysis, adjusted for 21 days. Definition The Relative Vigor Index (RVI) is based on the likelihood of prices closing higher than the open in market uptrends, and similarly, closing lower than the open in downtrends. The Relative Vigor Index compares the closing price of a security or asset to its trading range. Takeaways Rather than oscillate across a...
Finally we are seeing a sharp pullback following a huge jump in price with a small gap (which signaled exhaustion at this level). Naturally the trend will retest our previous major resistance now support at $67. Technicals pint towards the retest. MACD/SIGNAL made a beautiful cross headed towards 0 line. RVI is making a parallel correction through 0 line which...
We are a major support level that can be easily observed in the day chart. With technicals in play I sentiment a pivot. MACD/SIGNAL have crossed and are moving sideways towards 0 line while RSI made a sharp pivot out oversold zone (hence the high volume we just saw). RVI diverted towards 0 line which will increase volume and momentum. Take profit 1 at first key...
Presented is a technical sell set up. MACD/SIGNAL have crossed and headed for zero line while RSI breached 0 line to continue towards oversold zone. RVI is set to make a parallel cross through 0 line for continuation. Take profit at key support 0.70000 with stop loss above current resistance. Safe sell entry with a close out below .71500 Please comment with...
Another explosion for London breakout. Presented is a 1 hr analysis. Take profit at 1.5700. I am hoping with MACD/SIGNAL cross enough volume with generate to push RSI further out of oversold zone while RVI crosses through zero line. Stop loss presented on chart. Please comment with thoughts and ideas. Thank you.
Presented is a buy analysis with the 1 hr chart. We see continued support along 1.74800. With the MACD/SIGNAL cross at a key trading time (London Session open) near I sentiment this to be a pivot off support. RSI is rising out of oversold zone and gaining momentum while RVI is curving into a cross and then through zero line for trend/volume confirmation....
Presented is a 1 hr technical buy analysis for XAUUSD. To start we can see our EMA’s initiating a potential reversal. First we can correlate the MACD with our EMA’s. The MACD/SIGNAL lines have crossed and are just below the zero line to sentiment a cross. Next we correlate the RSI which is resting below a key resistance at 55.00. A breach above sentiments buyer...
Check the chart it's pretty clear this one is almost ready to make a massive return to "NORMAL". Enjoy. GL
So I am going to breakdown an indicator that I have featured alot in my trades, so if we look at the crude oil chart here, we can see that in total we have 5 notable crosses of the rvi indicator, 3 bearish trades and 2 bullish trades for a total of 510 pips, 5 winners out of 5. Now the magic of the indicator is that it is both an entry signal and an exit signal,...
Using Standard Deviation rules and a Fibonnaci Retracement channel we can track the range bound movement of Uber and help determine the next probably trading range. Testing near the highs of the range showed some resistance as we closed yesterday with a strong bearish candle. showing inability to regain strength could signal a potential reversal of price back...
AUD/USD is displaying a bullish continuation pattern in the form of a bullish flag. A buy order has been placed just above the resistance line. A break above this resistance line would indicate a continuation of bullish movements following confirmation of a potential continuation of an uptrend. - The RVI cross over further indicates a potential buying...
Price forecast for the next 24 hours should play between the defined parameters. Rising wedge on the charts. I believe it will play out as a continuation pattern if timeframes, indicators, charts, and candles continue expressing bullish sentiment over the next 24 hours. Stochastic RSI bullish with room to move upwards TRIX has been modified to give strong buy...