If world mkts roll over tonight and U.S. stocks come in lower tomorrow–with a lower $, then maybe….bu for now this is nothing more than an anemic bounce.
If I’m reading this correctly…the RSI on this chart is 62 as I write—-On January 22nd-2019—the RSI was also 62 and JNUG had a straight up rally from about 8 bucks to 13 bucks…so I guess there is no law graven in stone that a rally can only start or continue from a 30 RSI…