S WAVE CHARTS

[Qone0]

442, that' a VIX ETF. VIX spikes up and then waves down it hardly ever waves up very much. So I'm not sure RSI2 flat is going to be of much use with it.

Anyway I define a RSI2 flat as RSI2 below 5 for more than 2 days at close. With the green light to buy coming on the third day.

The chart you showed me had this in it on these dates in Feb.

14th RSI2 6.6
15th RSI2 4.5
16th RSI2 3.68 flat set green light to buy the next day.
17th RSI2 2.08
18th RSI2 1.25
19th Pop RSI2 80.48

That's how a RSI2 flat setup works. It only tells you where to buy not where to sell. I try to find stocks that have a history of waving up after a RSI2 flat is set. A VIX ETF probably not going to do that.