Friday, May 18, 2012

RSI 2 Stats on the SPX 500


Yesterday the RSI 2 closes below 0.5% on the daily chart.   Here's the statistics going back 36.5 years.  This has only occurred 6 times in 36 years!, that is exceedingly rare.


100 % winning trades if you hold until the 2 RSI closes back above 60%.  The average hold time is 9 days, 16 hrs.  Average trade profit is 1.5%


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