Este indicador para muchos “muy bueno” en este momento marca QUE NO PODEMOS HACER NADA CONTRA EL MERCADO, salvo que tengamos el capital de Soros claro.
Interpretation:
According to this system, the market is now Un-tradable. The OEXA200R ended the week at 83%, up from 74% last weekend.
Of the three secondary indicators:
- RSI is NEGATIVE (below 50).
- MACD is NEGATIVE (black line below red).
- Slow STO is POSITIVE (black line above red).
Following a major market correction, the conditions for safe re-entry are when:
a) Daily $OEXA200R rises above 65% (I follow the Daily but do not publish the chart here)
And two of the following three also occur:
b) Weekly RSI rises over 50
c) Weekly MACD black line rises above red line
d) Weekly Slow STO black line rises above red line