SPX's RSI. Fiction & Theories VS. Reality & live Markets.
since 2009 -2021 No solid relation between RSI's channels and SPX what so ever. Using this
according to my study is just waste of time. Do not now why people keep using it. Or i
might be just wrong and they use it for different reasons. We need explanation for this
if there is anyone out there that is digging this.
four samples to look at with different results:
1/ Already 7 % down only 4% left !!!
2/ Great 12 days before crash
3/ 20 % correction from 71 reading !!
4/ 3% dip from 81 RSI Reading !!!
wish you all the best.
according to my study is just waste of time. Do not now why people keep using it. Or i
might be just wrong and they use it for different reasons. We need explanation for this
if there is anyone out there that is digging this.
four samples to look at with different results:
1/ Already 7 % down only 4% left !!!
2/ Great 12 days before crash
3/ 20 % correction from 71 reading !!
4/ 3% dip from 81 RSI Reading !!!
wish you all the best.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.