Posted by sbaxman111 on 3rd of Aug 2017 at 03:50 pm
At 3:50 pm the Russell 2000 index 60 minute chart has both
RSI-14 and RSI-21 values below the lower 30% line. The RSI-21 value
that low is a relatively rare occurrence and is indicative of the
index being extremely oversold on a short-term basis.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
RUT 60 min RSI values
Posted by sbaxman111 on 3rd of Aug 2017 at 03:50 pm
At 3:50 pm the Russell 2000 index 60 minute chart has both RSI-14 and RSI-21 values below the lower 30% line. The RSI-21 value that low is a relatively rare occurrence and is indicative of the index being extremely oversold on a short-term basis.