interesting to see VOLUME RSI with normal rsi normal macdinteresting to see VOLUME RSI with normal rsi normal macd
BTC
Volumersi
XRX Rectangular bottomXRX can be seen as displaying bullish signs, the real question is is this superficial or will these continue. Volume RSI shows strength, however CVI is steadily declining. A large rectangular bottom has formed, with a bump and run present.
JSE:SGL Sibanye Gold Markup to the Redistribution RangeI have been watching this trading range develop during September and it looks like Sibanye is ready to be marked up back to the redistribution trading range. The downward stride has been broken and a shorter term base formed. There has been low volume pullback to Last Points of Supply (LPSY) which coincides with the 50 Day SMA. The Volume RSI has indicated divergence to go long. There is Signs of Strength (SOS) in the last move up. The next markup in Phase D of the shorter term accumulation range could extend to the 200 Day SMA around 1050 (Volume cluster of volume profile). This potentially will be followed by a backup to the accumulation range and then the Phase E markup potentially will start with a target of the bottom of the previous redistribution range and possibly 1500.
