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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Debra Orlow who wrote (2267)	12/18/1998 11:23:00 AM
From: Compadre	Read Replies (1) of 99985

Debra: <<Please tell me how you use the RSI.>> Basically I whatch for divergence and trend line violations. For example: Using a 5 day RSI on the NAZ daily charts, one could draw a down trend line by connecting the (RSI) highs of 11-27 and 12-9. There is a trend violation to the Up side yesterday. However, there is also a RSI divergence showing in the last two peaks. Therefore one should be cautious. Regards, Jaime

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