10-day RSI for SPY moved below 30 for the fourth time in 2011. I lowered the look-back period from 14 to 10 to increase sensitivity. RSI became oversold in March, June and now August. Oversold does not guarantee a bounce, but it does increase the odds of at least a dead-cat bounce.
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Nifty ended the week slightly lower after trading within a narrow range. With key levels in focus and technical indicators showing mixed signals, markets may remain sideways for a while.... READ MORE
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The stock market may be setting records, but you deserve a breather this weekend. While you’re sipping your iced tea, take just a couple of minutes to explore the brand-new navigation menu on StockCharts.com. It’ll make your next charting session a breeze. What’s different (and better)... READ MORE
Relative Rotation Graphs or RRGs will help investors to keep an eye on relative trends that unfold within a universe. Among other things this will help to visualize sector rotation... READ MORE
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Markets don't usually hit record highs, then risk falling into bearish territory, and spring back to new highs within six months. But that's what happened in 2025. In this special mid-year recap, Grayson Roze sits down with David Keller, CMT, to show how disciplined routines, price-based... READ MORE