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Alias Born 10/14/2012

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Wednesday, 07/30/2014 3:01:14 AM

Wednesday, July 30, 2014 3:01:14 AM

Post# of 2804248
The RSI works best when compared to short-term moving-average crossovers. Using a 10-day moving average with a 25-day moving average, you may find that the crossovers indicating a shift in direction will occur very closely to the times when the RSI is either in the 30/70 or 20/80 range, the times when it is showing either distinct overbought or oversold readings. Simply put, the RSI forecasts sooner than almost anything else an upcoming reversal of a trend, either up or down.

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