simply delete the RSI. then there is no positive divergence. after the massive down movement on 26 Nov 2021, crude oil has been moving in a range since 8 Dec 2021.
Or maybe just let some air out of the bag. (i.e. leverage) Some people would say that the covid discussion in the U.S. is a total sideshow, giving covering fire to the FED money printing. aka a giant distraction. COVID Vaccines pose 7 times higher death risk than COVID for young people, Japanese experts warn
a few decades ago, I used hundreds of colorful indicators on my chart until I could hardly see the candlesticks. I am very pleased to have zero indicators. Enjoy your indicators.
The entire news media is a sideshow designed to give cover for whatever way they are raping you next.
How Dare You besmirch the product of Journalism's finest! Then there's THIS Rambunctious Rudy articulating his discontent in the face of all decorum. How Dare He! https://www.elitetrader.com/et/threads/alex-jones-was-right.363256/page-12#post-5507278
Your concerns (about indicators and data overload) are very valid. And it is an easy problem to get into. For that reason, I keep sets of performance based charts: this-market-versus-that-market. No indicators needed here. Once you can establish that a trend change is coming, start looking at the indicators for the possible new leadership. In that way you are not looking at huge amounts of "data-noise" for markets that you shouldn't even be looking at.