For complementing the notes on the chart, I want to point out the following:
a) At the moment, RSI is showing bearish divergence.
b) ATR keeps following an opposite direction of price's, meaning the real trend only emerges when price declines, a behavior verified since March 2009.
a) At the moment, RSI is showing bearish divergence.
b) ATR keeps following an opposite direction of price's, meaning the real trend only emerges when price declines, a behavior verified since March 2009.
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Plan for a Z
mikeoakster
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