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To: MythMan who wrote (401962)3/16/2010 9:44:21 PM
From: Jeff Jordan  Respond to of 436258
 
I think I mistakenly looked at the bottom indicator whatever that was?<g>

It's supposed to say it's close to overbot territory in the 70-80 range, sideways up there says more overbot continuing<g>

I only use RSI mostly for the 50 crosses.....except, when it's going sideways otherwise its good for timing peaks/valleys

the 50 crosses are important when hitting resistance on like the 40ma or 50ma......or it shows support like the last test of the 50

....definitely one of the better indicators when used properly.