02-16-2014, 07:36 PM
I still use the RSI with weekly/monthly charts but it is not the sole deciding factor for me when it comes time to make an investment. In fact, it is usually the only indicator I use when looking at charts.
Yes it is very reliable but things can stay overbought and oversold for a very long time.
Yes it is very reliable but things can stay overbought and oversold for a very long time.