RE:RE:Cobalt, RSI WTI vs StocksI think he is probably a WTI day trader. Always has fancy charts. While I'm not a chart person it is always interesting to listen to him.
He said WTI was toppy at $92 last week and saw a correction below $90 this week before the next leg up.
I assumed stocks would follow the moves...I guess he was right. Not that I would trade it anyways.
Cobalt wrote: WTI daily showing 65.5 RSI topped out this run at 77.5 ish last pull back Jan 24 got bought at a 63 RSI. The 3 hour chart got down to <40 looks like he got his number from a 3 hour chart , day trading