Study of Feb 2016 correction to build strategy for future corrections
Note
RSI14 1H also gave a sell signal on 22 Feb and reached 31 on 24 Feb 9:30 dip. SPX has a similar RSI 14 1H sell signal today in addition to yesterday's RSI5 > 95 signal. SPX should sell off next to 5 DMA ~2700 -> BUY OPPORTUNITY
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.