The ratio is running up to an RSI of 73 -- this indicator has continued to work remarkably well . . .and is suggesting the upside here has been reached.
XD's SOX:NDX ratio suggests a good time to short
Started by
paulstan
, Mar 12 2007 02:25 PM
2 replies to this topic
#2
A-ha
-
- Traders-Talk User
- 5,875 posts
Member
Posted 12 March 2007 - 02:28 PM
I was gonna mention it in my update on Semis tonight... Glad you mention it here.
It amazes me how the trend works through intra-market rotation ...
#3
qqqqtrdr
-
- Traders-Talk User
- 3,220 posts
Member
Posted 12 March 2007 - 06:24 PM
The ratio is running up to an RSI of 73 -- this indicator has continued to work remarkably well . . .and is suggesting the upside here has been reached.
Paul:
How accurate is this indicator catching tops and bottoms over the last 3 years?
Best Regards,
Barry
