How, When, & Where To Catch A Falling Knife Using RSI

E-mini S&P 500 FuturesCME

Description

⋅ Jan 25, 2022 12:43 AM

Wow, it was a reversal day for the ages! And a perfect session to revisit how to use the Relative Strength Index (RSI) to better time your dip buy, if that's your sort of thing.

RSI (Length 3, Upper 84, Lower 16)

Comments

Gambling

⋅ Jan 25, 2022 2:29 AM

Nicely done.
is there a preferred rsi indicator?

RodCasilli

⋅ Jan 25, 2022 3:13 AM

@Gambling, I use the first one returned in the search, says Relative Strength Index (Updated)

Mikel618

⋅ Jan 25, 2022 9:14 PM

Thanks Rod - great info as always. Looking forward to your live trading tomorrow.

chrisfaron

⋅ Jan 25, 2022 9:51 AM

Great tip Rod, thanks for sharing