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The general statements are fine, but the specific reference to their RSI's being in the high 90's is very confusing to me.
Aug 22 10:17 am
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All Comments by Seth Wu »Will UltraShort ETFs Experience Whiplash Again? [View article]
SKF opened lower today, but my Fidelity Active Trader indicators show maybe overbought only on stochastics at 75 (which is known to be inaccurate when a stock is trending as during period from May to July), and RSI is merely 53 (a high since July 16, and not at all overbought). When did RSI ever get to 80, not to say 99?