Time for a put

Ok, the RSI just hit the top, there is no red arrow yet, we are going to jump on this and then watch the volitility scale and watch for any red arrow on the Volitility expansion.
Our in:

Now check out what Ive been looking at:

You can see above that the RSI just hit the ceiling (supposedly we will have to reaffirm that) and this is a good time to get in with a trade. We will double down if things keep climbing a bit (as in if this isnt a true top). So look above, see that the RSI in pink is near the top of the pink. Now could it keep climbing? Yes. Look at the beginning of the RSI chart to the left side of the above window shot. You can see where the RSI first hit the top of the pink zone but then the candlestick chart kept pulling up. Thats why we double check with the red and blue arrows. In that situation there was a red and a blue arrow underneath it, but the blue arrow was just after the red arrow so that on the chart the blue arrow was skewed a bit to the right in the time domain so that means continuance and that the chart will continue to climb.
The RSI is the first checkpoint, the Volitility expansion arrows are the last.

More later today
Tradinginsider