BETFI RSI Failure

RSI is a momentum indicator. It can also be considered a cycle or oscillating indicator because it moves from 0 to 100. But the difference between RSI Cycle and Jiseki Cycle is that Jiseki looks at performance of an asset among a group of assets while RSI Cycle looks at performance of the asset compared to itself. How does the trading signal change when traders look at RSI or Jiseki signals?
RSI gives more signals (overbought and oversold) while Jiseki signals (from overbought to oversold) come very rarely. When signals are less and rare they have less noise and more chance to work. This is why momentum indicators are known for lot of noise and failures. For example the BETFI RSI weekly indicator moved above 30 and then fell back below 30. This is RSI failure, which suggests that BETFI is extremely weak and can head lower to previous lows near 15,000. Whether BETFI breaks 15,000 can’t be confirmed with RSI but with JISEKI cycle signal. We will talk about latest Jiseki signals soon. Keep reading.
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Our Jiseki Time cycles are seasonal patterns of strength or weakness in assets. They are derived from percentile rankings of 0 to 100. The higher the percentile more the chance for an asset to weaken and worst the ranking, better the chance for the respective asset to outperform.
Alpha is a daily strategy signal product that gives trading and investment signals. Alpha is a numeric Ranking product based on TIME fractals. The signals are illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. Alpha is a part of the time triads analytics developed by Orpheus Research.
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