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<DIV><FONT color=#000000>Here's a gif using the Connors parameters on VIX RSI
reversal and an OEX plot.</FONT></DIV>
<DIV><FONT color=#000000></FONT> </DIV>
<DIV><FONT color=#000000>Monday 6/1 RSI value calculates to 67.3197 for 5 day
Close on VIX, even though RSI did pivot down Tuesday 6/2, reflecting a bounce.
If you stretch the rules, you would be long.</FONT></DIV>
<DIV><FONT color=#000000></FONT> </DIV>
<DIV><FONT color=#000000>Previous time RSI crossed over 70 and pivoted down was
5/27-5/28 (also shown on graph).</FONT></DIV>
<DIV><FONT color=#000000></FONT> </DIV>
<DIV><FONT color=#000000>I did not take either long trade (5/28 or 6/2) on the
SnP/OEX indexes.</FONT></DIV>
<DIV><FONT color=#000000></FONT> </DIV>
<DIV><FONT color=#000000>Not confident that long side is the correct side to
trade right now, even though market is supported by strong seasonal
probabilities and one "almost hit" and one "definite hit"
signal was generated above.</FONT></DIV>
<DIV><FONT color=#000000></FONT> </DIV>
<DIV>Regards</DIV>
<DIV>Gitanshu</DIV></BODY></HTML>
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