Cardwell Style RSI / Price Has NOT Moved / #Meerkat. There are a few things happening on the chart. Yes, we are resting and on the smaller time frames you can clearly see this however on the Daily chart this rest is a conduit for the next leg and the march to fill the 243EMA channel. I have not changed the chart at all so we can keep everything well known and tidy. You can well see that 258.64 is the ultimate threat of the week and a gift to the shorts. I hope you can also be encouraged if you are long to understand the trend has not footed itself long "yet." The #meerkat hashtag is for a test I am doing on that application.
