60 min charts oversold

    Posted by sbaxman111 on 17th of Aug 2017 at 03:45 pm

    On my 60 min RUT chart at 3:40 - the RSI-2 is at 0.03, the RSI-4 is at 2.33, the RSI-14 is at 23.42, and the RSI-2 is at 30.01. These are levels that indicate a strong likelihood of a short-term reversal. A similar 60 min chart also exists for SPY.

    The ADX-2 on my 60 min chart is also at 99.58 - another indication of a short-term extreme condition at the current time.

     

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