Sunday, January 29, 2006 12:42:51 PM
daily rsi(5) and the bullish cycle
2001-2003 time frame,
rsi(5) spent more time below 30, than above 70,
and the MACD spent more time below zero
2004-2006 time frame
rsi(5) spent equal time above 70- below 30,
and the MACD spent more time above zero,
What's the point?
the current rsi(5) below 30 is being bought up,
and the chances of a loss, is recoverable,
i believe;
near S&P 1350, NASDAQ 2600,
when (if) the market fundamentals break-down,
then shorting rsi(5) at 70, will become the significant,
lol, happy trading
2001-2003 time frame
2004-2006 time frame
2001-2003 time frame,
rsi(5) spent more time below 30, than above 70,
and the MACD spent more time below zero
2004-2006 time frame
rsi(5) spent equal time above 70- below 30,
and the MACD spent more time above zero,
What's the point?
the current rsi(5) below 30 is being bought up,
and the chances of a loss, is recoverable,
i believe;
near S&P 1350, NASDAQ 2600,
when (if) the market fundamentals break-down,
then shorting rsi(5) at 70, will become the significant,
lol, happy trading
2001-2003 time frame
2004-2006 time frame
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