Last Thurs I was short via SDS and exited, partly because the RSI down trendline was pierced and violated upward. Now a possible retest of the trendline seems possible... will the RSI hold and bounce UP off the trendline, or will it pierce lower? A pierce lower on a DAILY RSI would be bearish indeed, although as I write this it seems it will hold and bounce up.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
No comments:
Post a Comment