Yes were oversold, 60 period stochastics have been below 20% for
3 days now, generally that's as long as they stay below 20%, the
longest I have ever seen is 4 days and thats even in strong
downtrends, define your time frame
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Yes were oversold, 60 period
Are we Oversold?
Posted by matt on 4th of Sep 2008 at 11:05 am
Yes were oversold, 60 period stochastics have been below 20% for 3 days now, generally that's as long as they stay below 20%, the longest I have ever seen is 4 days and thats even in strong downtrends, define your time frame