Weekly RSI Trend Break is Important. $USDJPY $SPY

Some people feel Technical Analysis is a bunch of voodoo haha. Someone tell me why this trendline on the RSI weekly was being pressed down multiple times over a 2 years and when it finally broke, look what happened. 


The signal was there before Trump, before the move was made. It’s obviously stretched here but people have been thinking this stops going up since the election. 

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2 responses to “Weekly RSI Trend Break is Important. $USDJPY $SPY

  1. Pingback: $USDJPY is a Monster. Gold is Crashing. $SPY $GLD $TLT – Snuffles' Blog·

  2. Pingback: The Trump Dollar is Ripping AGAIN $DXY | Snuffles' Blog·

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