Market turning point

3 thg 11, 2015

Currently long on this stock however, I have remained somewhat skeptical about this position. Using the RSI tool as an indicator, you will see breaks in the previous market turning points where shown on the RSI before they occurred. The image is quite self explanatory if you are willing to study it. I do not use the RSI indicator as an oversold or overbought indicator, I simply use it as a sentiment indicator.