Courtesy of ChaikinAnalytics.com |
Yellow and red trend lines were added to the above chart. The the rising yellow trend line displays when TBT was going from OS to OB. At the same time the red trend line shows that the Relative Strength was decreasing. It is customary for both of these to be going in the same general direction during a similar period of time. Unless the relative strength catches up to the OBOS indicator, you may have trouble right here in River City.
At the time this was written TBT was -.77 1.77%
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This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
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