|
PureBytes Links
Trading Reference Links
|
In a message dated 05/31/2000 11:51:52 AM Pacific Daylight Time,
jseed_10@xxxxxxxxxxx writes:
<< Lenny,
Just curious, is there a Negative Reversal formula for this same
application? Thanks! BTW enjoyed the gif.
>>
J,
Absolutely! The RSI has higher peaks in conjunction with lower price
points. Just use the low RSI valley in between the (2) RSI peaks to project
your prices from. It is in fact called a Negative Reversal - Lenny
|