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Strategies & Market Trends : Charts for Breakout

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To: Julius Wong who wrote (3366)	11/7/2002 9:42:50 PM
From: Dennis	Read Replies (2) of 3506

a little something i picked up from Captain Jack..... bigcharts.marketwatch.com RSI = Relative Strength Index he has been using it to trade against.....roughly speaking anything near +60 and the market drops...anything near - 20 and we get a rally. He said these numbers will change with economic conditions so you have to keep adjusting them to fit the tone of the market.

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