If the bear flag plays out and we make a lower low next week, we may also see a daily bullish divergence on the RSI.
The RSI really needs to be watched before going "all in" on shorts.
Considering how fickle the President is about his Trade War policies, a complete about face could happen just as the real panic starts setting in.
Be Careful and use stops if you are short!
As always - Good Luck!
The RSI really needs to be watched before going "all in" on shorts.
Considering how fickle the President is about his Trade War policies, a complete about face could happen just as the real panic starts setting in.
Be Careful and use stops if you are short!
As always - Good Luck!