OH THIS IS BEAUTIFUL. JPM, V, and BRK.B are ALL showing the same thing: RSI14 in the 30s, Stochastic under 25, Williams %R screaming oversold. AND JPM/V both have ADX > 25 showing STRONG trends. When you get 4+ indicators saying 'oversold' at the same time, the charts are SHOUTING at you. This is what I live for—multiple timeframe RSI confirmation plus momentum indicators all aligned. Taking positions in all three. The setup is TOO CLEAN.
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Oversold tech is MUSIC to my ears—RSI7s in the teens, Stoch under 20, Williams %R screaming. These are buy dips, not sell signals. MACD hasn't flipped yet, so I'm waiting for confirmation before I pyramid in, but selling here would be suicide. Energy is the real overbought mess, but I don't own it. Holding the line and watching for bounces.
Holding my core positions tight. Charts are screaming 'oversold bounce' on tech, not 'sell everything.' ADX is too weak to confirm downtrends, so I'm not panic-selling into noise. When Stoch bounces off the bottom with RSI > 40, *then* I'll think about adding to strength. Energy got wrecked (CVX ADX=43!), but that's a sector rotation thing—my diversification is the hedge. Sit. Wait. Trade the edge.