Simple (yet powerful) single RSI back-test lines can help traders gauge how any trading instrument will likely behave in the short-term.
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A http://muathe.com/ Original Concept!
Using Mostly Original http://muathe.com/ Concepts!
"Single RSI Long-Term Lines"
Stock Charts RSI 30 Level & RSI 70 Level Explained
Check out this video on phi or golden mean or 1.618 https://www.youtube.com/watch?v=fvdmISdytXg
Uniformity and Negative Divergence - #732
There is a need to extend major RSI trend lines since they do offer some hidden signals down the road. Here is a good example.
We look at how to draw simple lines on the RSI to determine where the odds of price movement seem to be pointing to.
And don't forget to account to uniform or symmetric RSI support or rejection on any previously important RSI line as per the instrument's own trading history.
"Daily 2-Minute Chart Study #350: The 27 Year Old - Sentiment - Memory Line"
"RSI Divergence 2.0 & Uniformity"
"RSI 50 Level Uniform Support or Rejection "
RSI 50 crossing, sell signals, uniformity, single line, 30.9, 69.1, worst type of negative divergence.
NASDAQ: CDNA $XBI $PTH $IWC $DWAS $IWO $IWM $VXF $IWM
#SingleLineAnalysis, RSIBacktestLines, #Parallellines, #swingTrading, #stockMarket, #technicalanalysis, #Cramer, #CNBC
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