RSI never exceeds RSI 90. Pattern is consistent across entire historical time-frame.
Currently at RSI 62 ($173) and heading toward RSI 90 with limited price movement which signals a divergence.
Trend is short. Range is $183-$118 in the next 5 days followed by a move to $80. My strike area is $89.
Currently at RSI 62 ($173) and heading toward RSI 90 with limited price movement which signals a divergence.
Trend is short. Range is $183-$118 in the next 5 days followed by a move to $80. My strike area is $89.