Tuesday, February 15, 2011

USD crosses RSI median, enters cloudland

RSI now over 51, clearly in upper half of RSI. Having entered cloud from below, tendency to explore toward upper limit of cloud, this would be circa 80 now. MACD giving lots of leeway for this to take place. Only question, does it go past that doubly achieved 81.25 if it breaks past the cloud? No guarantee of that happening, though. The cloud membrane could prove impermeable!

No comments:

Post a Comment