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The Invisible- Posts : 2483
Join date : 2016-11-28
Age : 40
ASPI Status Update
on Tue Jul 25, 2017 7:37 pm
ASPI's RSI seems bottoming out with the formation of a rounded bottom. A couple of days with positive ASPI movement will signal a resumption of the ASPI up move.
- The Invisible
- Posts : 2483
Join date : 2016-11-28
Age : 40
Re: ASPI Status Update
on Wed Jul 26, 2017 4:25 pm
Good signs were seen today. RSI improved to 42 and formed a tiny rounded bottom in RSI chart as well as MACD. Can the ASPI perform the same tomorrow as well. If so we can be able to smile again.
smallvilleTop contributor
- Posts : 1811
Join date : 2014-02-23
Location : Trying to figure out..
Re: ASPI Status Update
on Fri Jul 28, 2017 7:47 am
Rounding bottom for MACD & RSI?
OMG!!!!!
OMG!!!!!
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malanp- Posts : 515
Join date : 2014-03-04
Re: ASPI Status Update
on Fri Jul 28, 2017 8:46 am
Rounding bottom done throu a plastic surgery.. better than narrow bottom.. Bottom gets rounded up automatically with the age..
CKActive Member
- Posts : 1392
Join date : 2015-11-01
Re: ASPI Status Update
on Fri Jul 28, 2017 8:48 am
Yes small. I think it's a mistake. Rounding bottom refers to the price action as I know.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rounding_bottom_reversal
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rounding_bottom_reversal
- The Invisible
- Posts : 2483
Join date : 2016-11-28
Age : 40
Re: ASPI Status Update
on Tue Aug 08, 2017 4:00 pm
ASPI entered into a deep oversold region today. With today's fall RSI now stands @ 20.
Ethical TraderTop contributor- Posts : 5567
Join date : 2014-02-28
Re: ASPI Status Update
on Tue Aug 08, 2017 6:33 pm
Reversal of indices are imminent as per text books.
The Invisible wrote:ASPI entered into a deep oversold region today. With today's fall RSI now stands @ 20.
BackstageTop contributor- Posts : 3775
Join date : 2014-02-24
Re: ASPI Status Update
on Tue Aug 08, 2017 10:20 pm
I hate text books. 
- Ethical TraderTop contributor
- Posts : 5567
Join date : 2014-02-28
Re: ASPI Status Update
on Wed Aug 09, 2017 11:31 am
Yes, no text book can teach us 100% fool proof methods, but they generalize natural patterns for easy reference. "What goes up should come down" as per scientific explanations of gravity. It can be applied to stock market as well. Similarly, it was observed over the years, that when RSI reaches the over sold region, indices are likely to bounce back. I treat is as a type of bottom for picking bargains.
Backstage wrote:I hate text books.
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