Left chart:
The daily RSI has a bearish divergence and failure swing (lower low) coming out of oversold territory which suggests a top for the month of October is probably in. A close below the 9-day (pink) moving average is also bearish.
Right chart:
The hourly chart shows price near the bottom of a price channel that is about 1 month in duration. A bounce here could see another high put in this month which would invalidate the RSI failure swing top theory whereas a break outside the channel in the downward direction could validate it.
Time of idea posting 7:20PM NYT 10/5/23
The daily RSI has a bearish divergence and failure swing (lower low) coming out of oversold territory which suggests a top for the month of October is probably in. A close below the 9-day (pink) moving average is also bearish.
Right chart:
The hourly chart shows price near the bottom of a price channel that is about 1 month in duration. A bounce here could see another high put in this month which would invalidate the RSI failure swing top theory whereas a break outside the channel in the downward direction could validate it.
Time of idea posting 7:20PM NYT 10/5/23
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。