Friday, January 13, 2012

RSI 14 signals vs. SPY

Looking back over the last 12 months there were 5 instances where 14 day RSI eclipsed the 75% line and 100% of the time (5 out of 5 previous signals) the market corrected an average of 11 SPY (100+ /es) points.
We have now touched and rolled under the 75% level for the 6th time...

No comments:

Post a Comment