Based on 1) a simple outside up day yesterday and 2) weakness on RSI 7, there's an indication of a possible change in the recent trend, heading upward.
The combination of these two indicators is great for identifying changes in multi-day, week-to-week trends.
I use the same signals on any and all daily charts. Come find me on keybase for a daily market letter of signals to act on.
The combination of these two indicators is great for identifying changes in multi-day, week-to-week trends.
I use the same signals on any and all daily charts. Come find me on keybase for a daily market letter of signals to act on.