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igotthemojo

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igotthemojo

Re: hopester post# 57947

Friday, 12/15/2023 9:45:32 AM

Friday, December 15, 2023 9:45:32 AM

Post# of 61471
Since Nov, it shows overbought without any real correction….it was essentially useless as an indicator of anything…

The o/b indicator worked fine under normal conditions, but clearly when there’s a powerful sustained move, it’s not much use…

Many indicators are useless under those conditions…
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