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appraiserguy

11/13/13 5:43 PM

#28065 RE: surfkast #28064

Good stuff surfkast.

Definition of 'Relative Strength Index - RSI'
A technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset. It is calculated using the following formula:

RSI = 100 - 100/(1 + RS*)

*Where RS = Average of x days' up closes / Average of x days' down closes.
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kawklr

11/13/13 5:46 PM

#28066 RE: surfkast #28064

EWSI - ready to bounce ...