Golden Day - Did You Know?

Something meaningful seems to happen almost every month. A very short term trend change from up to down or flat. A very short term trend change from sideways to down or up. A very short term trend change from down to up or sideways. If you click on the second chart it will take you to a much larger view that you can adjust the size of. The MACD is still very low so this reverseful could be brief. It also only changes direction 'most' of the time. Remember the bottom chart is last years view and the top chart is current to today. Usually the RSI makes a bounce up off the RSI 40 level before it goes on to break above 50 in a meaningful way. We would need to see the RSI head higher pretty soon (next day or two)  if this is marking the final bottom.

Read More: blogs.stockcharts.com/canada/2013/06/golden-day-did-you-know.html