Hi guys,
I would just like to asked a question regarding MACD and RSI, Is it true that MACD is only good in a trending stock (uptrend or downtrend) while RSI is only useful when it is in a consolidating pattern?
Why??
RSI would hit the top during a strong uptrend(downtrend) and would be renders useless?
MACD utilizes moving averages so in a directionless chart it would be rendered useless??
Your thoughts on these guys.
Thanks in advance
Submitted May 16, 2017 at 07:58AM by catterpie90 http://ift.tt/2pG1GUU
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