Mornin Red
Must say i never use the RSI, I have always found it lags to much to be of any use other than to confirm action that has been and gone. The inherent lag is the reason I use virtually no indicators of that kind because they rely on past price to determine future price which as we all know means nothing in the markets.
Just my view but I'm sure there are traders who it works for it just doesn't for me.
Cheers
Mornin RedMust say i never use the RSI, I have always found it...
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| XJO (ASX) Chart |