Overbought RSI on the 3h chart seems to have done well calling market tops this year. And we seem poised for a move, given the German vote and the big FOMC announcement coming up on Wednesday. I'm inclined be short here, unless the Fed comes up with a bazooka QE3, RSI might be right one more time.
Overbought RSI on the 3h chart seems to have done well calling market tops this year. And we seem poised for a move, given the German vote and the big FOMC announcement coming up on Wednesday. I'm inclined be short here, unless the Fed comes up with a bazooka QE3, RSI might be right one more time.