January 8, 2016 at 6:43 pm #432
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RSI is good if you know how to use it to your advantage, if not you’ll get burned. Makes me laugh how traders think they can learn this in a day, takes many years to learn this. Check out this chart on what traders tend to do which is wrong. Trend is down RSI remains oversold.
RSI Oversold Chart

This is a good article as well ; RELATIVE STRENGTH INDICATOR for day trading