The RSI indicator seemed to be overextended based on what the indicator signal showed here. Sell trigger was activated based on the rule set. let us know if you have any questions!
Bearish Divergence forming at H1 - expecting to hit 50.80 maybe spiking to 51. after that finaly pullback to around 44/45 EIA Data today may support that idea
Bearish momentum divergence seen on PFE via the Mac-D histogram. As one can see, PFE tends to follow these divergences quite cleanly and trades back to the 50 EMA. All of these reference points are taken from the Bollinger Band extremes. The first lower/higher reading on the histogram has spelled reversal in the past. Today, our histogram has put in it's first...