William-RSI Combo Hypothesis

Here, I am sharing the usable inferences from my three posts

Try this out -I, II, III

in the form of a hypothesis

A) If both William % R as well as RSI turn from half-way or even before that

= it indicates a STRONG RALLY

B) If only William % R reaches the extreme and RSI doesn't

= it indicates a WEAKNESS BUT CONTINUATION IN THE RALLY

C) If and when both William % R as well as RSI reach their extremes

= i) either it indicates the start of rally

= ii) or it indicates the end of rally

= iii) or it indicates ranging phase

D) Never take anti-rally position.

Corollary:

I) If it is a strong rally, expect both Williams % R as well as RSI to turn half-way or even before that. Don't wait for extreme bells to enter, there might not be any!

II) If the rally is expected to have run out of steam and gone weak, expect William % R to reach extreme much before RSI does. Don't wait for RSI to reach the station. By that time the train would have left!(But RSI's not reaching the extreme is surely a sign of the rally not having ended.)

III) Don't expect the rally to start or end without the simultaneous extreme salute of William%R and RSI.