Nasdaq 100指數
已更新

Textbook RSI divergence

262
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
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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.
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Didn't know that but TD already has a divergence indicator... good job TD!
1D
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1M
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