The picture is quite clear even without scholarly explanations. The 45 degree angle has been broken down and now the price will make its way to the green angle. This is the picture as it appears from the daily graph however that is not all.

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For now, the 45-degree daily angle appears to have supported the index last Friday. The index touched it and jumped back up. Apparently, the strength index is based on the angle, but it is important to understand and follow it, since if it breaks, the index will decrease to meet the green angle, which rises […]

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