SHORT TERM BUY SIGNALS!!
Here we go as the 2 day RSI on the SPX is now under 5; the VIX/VXO combo are at/near the overbought 110% of 10 day SMA so looks like time to dip in the toe. Also we are trading at the 21 day SMA, another area where short term traders may be focuses. And check out the latest research from Trading Markets on the 2 day RSI system.
posted by DAVID at
1:55 PM
3 Comments:
I think your link is wrong....It is ownership for CTO via morningstar. I would like to see the 2 day RSI link to further understand what you are talking about, if possible.
- Big Bill
OOPS - Sorry - now fixed
I grabbed this this morning on the DDM based on the low RSI for the INDU.
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