This is what happened in one of the parabolic moves on one
occasion. Lots of similarities with this and the last time it
happened
RSI hit 90+, $gold to $Silver hit lows when RSI is at 10
By past today is the day when it hits MAX on Silver but it
can go a day or week without correction. Best is to get some
protection by buying puts a long way away. If aggressive then buy
weeklies of next week. The following doesn't include todays data
and sure we would have hit 90 RSI and gold:silver under 10 RSI by
EOD close
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This is what happened in
all in!
Posted by coold on 21st of Apr 2011 at 12:17 pm
This is what happened in one of the parabolic moves on one occasion. Lots of similarities with this and the last time it happened
RSI hit 90+, $gold to $Silver hit lows when RSI is at 10
By past today is the day when it hits MAX on Silver but it can go a day or week without correction. Best is to get some protection by buying puts a long way away. If aggressive then buy weeklies of next week. The following doesn't include todays data and sure we would have hit 90 RSI and gold:silver under 10 RSI by EOD close