RSI 14/Threshold 30 Applied to SPY with Fixed Holding Interval
September 1, 2023 - Technical Trading
Referring to commonly used Relative Strength Index (RSI) oversold parameter settings, but seeking to avoid exiting rebounds too soon, a subscriber asked about performances of the following four rules as applied to SPDR S&P 500 ETF Trust (SPY): Buy when daily RSI 14 falls under 30 and hold for six months. Buy when daily RSI… Keep Reading