Post #564 by zeelotes on the Mechanical Investing board

Investment Strategies / Mechanical Investing

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hiphop wrote:
Thus, it would seem to be that we could take the RSI from Cloud Stocks, SaaS Stocks, and Saul Stocks and average that and see where you fall. RSI seems to be bullish below 30 and bearish above 70.

RSI is a long-term indicator. It works well for what it was designed for, but for the purposes of identifying short-term transitions in volatile stocks it is useless.

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