Textbook RSI divergence

2020년 6월 3일

As RSI is computed on the close, took the liberty to 'cut the Feb Candle'.
Happy to see that we are in progress of making a HH within the bearish RSI trend
To note: in 2000, after reclaiming most of it's initial loss (down 41%, up 44%), the NDX bounced of the upper bound before falling.
Ressources:
investopedia.com/terms/r/rsi.asp

2020년 6월 3일

노트

Changed the RSI lower band to 50 as it seems to me it's proved as a reasonable support in the past decades. Only broken in major financial crisis.

2020년 6월 3일

노트

Didn't know that but TD already has a divergence indicator... good job TD!
1D

1M

2020년 6월 3일

노트