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rsi system
Hi chartist,
I can see where u are coming from on this ,I take note of where it is and resistance levels at the 40's 60's etc and look for horizontal
support and resistance, and when these break , then look out below.
When u identify its coming off a top at the 60 level say ,how do u determine your target, do u look for a bounce of the 20 ? or use it in conjunction with a price pattern?
I was looking at the dow over the past few weeks since the 28th Sept, there is a very obvious h&s which developed but nothing to show on the index apart from a wobbly h&s or possibly a double top.
Sorry I cant offer any further help on programming,but if i do i'// flag it up for u.
Cheers
Triplepack
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