NASDAQ Currently Approaching Exhaustion Again in my Opinion
Have a look at the indicators in the 2h (120m) TF. The 1h (60m) TF seems to confirm this and I will post it shortly.
Here's the 2h again in case the platform has scrunched it up in the cover chart:
Here's the 2h again in case the platform has scrunched it up in the cover chart:
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60m (1h) TF:
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Apologies: I should have included this publication of "Long Term Trend" as a perspective while considering this short term trend publication I just posted.
www.tradingview.com/...-Them-in-my-Opinion/
www.tradingview.com/...-Them-in-my-Opinion/
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I like paying attention to the Phoenix ARI in the 360m TF. The text bubble in this 360m (6h) chart explains why:
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A look at the indicators in the 60m and 120m NOW as opposed to 10 hours ago:
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If you notice the 60 minute NOW as opposed to the 60 minute 10 hours ago, we DID COME DOWN "THEN" it reversed and went to the upside once the Phoenix ARI touched the 0.0% level in the 60m TF.
10 hours ago, the Stochastic RSI was already maxed out at 100% level and Phoenix ARI did not even make it to the 100% level before turning down. Only a couple of hours ago did the Phoenix ARI touch the bottom at 0.0% level AFTER it had turned around and come down as anticipated.
10 hours ago, the Stochastic RSI was already maxed out at 100% level and Phoenix ARI did not even make it to the 100% level before turning down. Only a couple of hours ago did the Phoenix ARI touch the bottom at 0.0% level AFTER it had turned around and come down as anticipated.