In this chart I show you 4 nice tools what will help you in reversal situations.The yesterday spike to the down side on 188 m and toodays more moderate 62 m may indicate that the run
down hill is over the vix confirm the same .The rsi in the last pane is a hybrid rsi and si much faster and better and Stoch RSI is crossing today
Entry above today high 6,2 is right into vol resistens so take care
In the longer term NEL looks that it has started one wave 3
down hill is over the vix confirm the same .The rsi in the last pane is a hybrid rsi and si much faster and better and Stoch RSI is crossing today
Entry above today high 6,2 is right into vol resistens so take care
In the longer term NEL looks that it has started one wave 3
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A safer entry is then CMF crosses zero line