Replies to post #30435 on ETF SWING & DAY TRADING

[Vestor_2000]

VTO

Someone on another board shared an interesting link with me whereby you can call up links that are no longer active. Perhaps this will help answer your question:

http://web.archive.org/web/20050331044600/www.vtoreport.com/rsi.htm

[woodfish]

Yes , but in a downtrend
Consecutive closes under the lower end of RSI gives best results.
Mainly because you are going countertrend. Extreme readings in either trend are opportunities.
Woodfish