RSI on the DW4500 has hit the 70 mark. I am weary of a pullback down to the 50 level on the RSI. The index has been almost straight up for the past 2 months or so. Could be due for a sizeable pullback (anywhere from 20 to 65 points). The index has gained about 80 points in the last two months. I think you can play it on the dips hoping for an up day following but be ready to pull out if it is down a couple of days in a row. My methods of evaluation have me on the sideline for this week. May either re-enter tomorrow COB or Friday COB but most likely in the I.
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