Hi Guys,
the black bold arrow below indicates the divergence in the RSI.
Such divergence was formed between last Friday and this morning and may prompt a run into the 50SMA. Don't think Index will cross it before FED meeting on Wednesday though.
Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
the black bold arrow below indicates the divergence in the RSI.
Such divergence was formed between last Friday and this morning and may prompt a run into the 50SMA. Don't think Index will cross it before FED meeting on Wednesday though.
Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
