
Technical | Analysis page 466 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 18 Confirmation 437 Thomas (2003), in his testing of the RSI, found that none of the conventional signals had value except the positioning opposite from the conventional overbought/oversold levels of 70 and 30. His testing showed promise for the “RSI is wrong” thesis. Bauer and Dahlquist…