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R/$ exchange R7.50 - danger sign

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sponono
Super Contributor
Buy divergence - the exhange has done a lower low while the RSI has done a higher low. http://tinypic.com/view.php?pic=2vtqr5z&s=5
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3 REPLIES 3
sponono
Super Contributor
should have added that this increases risk of long trades on the ALSI.
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Fredsed
Super Contributor
RSI Rules, OK? - Winter approaches after Autumn leaves, so buy your RSI Rules scarves, gloves and overcoats now, or at least during the Indian summer.
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sponono
Super Contributor
and then the TOPI fails close to the break-out point of 30,000. I will keep my long and move the stop loss to R7.63, thank you.
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