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Re: ddm1082 post# 76465

Monday, 02/11/2013 6:33:38 PM

Monday, February 11, 2013 6:33:38 PM

Post# of 238171
Over 70 is a "powerzone"? I've always been under the conclusion that meant it was overbought. Is there a trend or something I'm not aware of that by closing at the HOD with a RSI over 70 equals a "powerzone"?

For those not aware - generally a RSI of >70 = overbought, and <30 = oversold. Look it up if you want.