ROYAL_OAK_INC

RSI & Money Flow comparison to other time periods

DJ:DJI   Indeks Dow Jones Industrial Average
Markets may remain irrational for an extended period of time. This can happen even when data conflicts.

For the moment on the daily DJI :
RSI is weakening.
$ Flow is lower, but it is stable.
Buys slightly outpace the sells since Mid January.

(Only weekly is shown here. Pls see our profile for more information)
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Things change a bit when seen on weekly data. Daily they seem weak but weekly there's 2 things of importance.

Weekly DJI RECENT indicators show that RSI & $ flow seem OKAY.

Let's compare them to years past.
Compared to 2021:
RSI is lower
$ FLOW same

Compared to 2017 + 2018:
Both indicators are MUCH LOWER!
(makes sense as it takes a lot more $ to move things around as indices and prices are higher)

Showing 2 previous examples, blue boxes) as no market is identical.

But, seeing the past we may get enlightenment to PREPARE for any outcome that may ensue.

SDOW UDOW

Penafian

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