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TA discussion, page-5945

  1. 2,080 Posts.

    "I have widened the RSI7 thresold from 70/30 to 80/20 thus heading to the more extreme end of the short term oversold condition. Usually points to a bounce not too far away as can be seen with the 2 previous occurrences on the daily."

    Thanks for that Armch, it certainly looks well oversold to me as well.

    Cheers.
 
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