Fact checked by Stella Osoba Successful traders often rely on a fundamental principle and longstanding piece of market wisdom ...
For example, the NYSE A/D line provided ... The chart below is a long-term weekly chart of RSI and MACD indicators. I have denoted when the indicators are trading in bullish and bearish trends.
This formation is considered a strong indicator that the prior upward momentum is waning and a reversal is on the horizon. A candle chart ... For example, a crossover in MACD or an RSI heading ...
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