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To: Return to Sender who wrote (4645)1/9/2016 12:57:33 PM
From: Return to Sender  Respond to of 8239
 
RSI (14) on monthly charts above 70 is rare and associated with major market tops. Conversely RSI (14) below 30 is also rare and associated with major market bottoms. Look closely and you will see the VIX is shown versus the index in question. On most charts you will also see the SOX since it is an area of personal interest to me.