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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (3906)7/20/2000 11:42:01 PM
From: id  Read Replies (1) | Respond to of 19219
 
J.T. and John T.-thank you both for responding to my TA question. J.T., if I may bother you a bit more, based on your comment:

"What you really want is the exact point when RSI turns and is confirmed by price and can tell you to go "long or short off the divergence".

would this morning's (Thursday) turn in the RSI confirmed by price ($compx)have fulfilled the conditions for going 'long off the divergence? Generally speaking would you consider the condition I outlined, when followed by an indicator turn confirmed by price to be a tradable event, all other things being equal? Thanks again for your thoughts.........................id