StockFetcher Forums · Filter Exchange · today the bottom for sure weekly rsi-0.88 daily 0.87 monthly 5.66<< >>Post Follow-up
tru1
7 posts
msg #59228
Ignore tru1
1/22/2008 11:02:23 AM

at the low today

jbrtrader
32 posts
msg #59232
Ignore jbrtrader
1/22/2008 11:51:37 AM

The pattern from Oct. high appears to be a ABC 3 wave affair,a Doji or Hammer close today would be nice setup for this scenario.

Koronbock
201 posts
msg #59234
Ignore Koronbock
1/22/2008 11:59:53 AM

The market does not know and does not care how high or low the RSI(whatever) is.

So it may go higher or it may go lower. You can hope for an edge but nothing more. Even if the RSI(2) is Zero that does not necessarily mean it has bottomed.

StockFetcher Forums · Filter Exchange · today the bottom for sure weekly rsi-0.88 daily 0.87 monthly 5.66<< >>Post Follow-up

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