Note nearly every time the RSI breaks bullishly past the descending RSI red trendline, this corresponds to a strong rally.
If RSI breaks descending red sloping resistance line, potential for a strong rally.
The S&P 500 index. Monthly chart, ' The picture of power '!! Price action holding above the rising 20-period moving average, above the 200-period moving average.
Nasdaq 100 index Weekly chart. Outbreak from a Bullish Flag formed during an uptrend. Picture of Power-Very Bullish!. Price action above a RISING 20-period Moving Average, which in turn is above a 50,100,200-Period Moving Average (100,200-Period MA not shown).
Big picture idea. NASDAQ 100 index Monthly chart- The picture of power . Price action is above a RISING 20-period Moving Average , which in turn is above the 50, 100, and 200-period moving averages (100,200-period MA not shown). Bullish, bullish, bullish on so many levels!
Monthly, Gold chart. Descending wedge in formation.