ES Journal Archive (2006 - 2008)

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Quote from optionpro007:

Does anybody know.

If the RSI in the 60 min chart hits 10 after a mayor selloff, would it be fair to say that market has completely exhausted it's down momentum.


Markets can always go lower, so no. By the way, when was the RSI at 10 on the 60 minute?
 
Thanks. Excuse for not making it clear, I saw it in an unrelated market, not the ES.


Quote from Buy1Sell2:

Markets can always go lower, so no. By the way, when was the RSI at 10 on the 60 minute?
 
Quote from volente_00:

Yes and you missed a good short as well

Of course, I only missed the intraday long, not the positional. The short wasn't enough to suit my tastes. :)
 
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