The RSI 25 Explosions System by Larry Connors is a simple trading tool that has correctly predicted the best times to buy SPYs, QQQs, and SMHs over the last decade.
Introducing the RSI Explosion System by Larry Connors
Overview of RSI 25 Explosions System by Larry Connors
When you purchase Larry Connors – RSI 25 Explosions System, you will obtain the system’s detailed, easy-to-follow formula and regulations, as well as instructions on how to adapt the system to your trading. This whole procedure should take you less than 30 minutes to complete. You will also have a full overview of all trades for the S&P 500 and the Nasdaq-100 markets, as well as the semiconductor industry, dating back to 1991.
If you don’t have time to sit in front of a computer all day and want to trade a simple-to-use device from the comfort of your own home with no feelings involved, the RSI 25 Explosions System is the solution.
What is RSI?
The relative strength index (RSI) is a momentum metric developed by J. Welles Wilder Jr. and used in technical research to determine overbought or oversold conditions in the price of a commodity or other asset. The RSI has a spectrum of 0 to 100 and is defined as an oscillator (a line graph that crosses between two extremes). An RSI reading of 30 or less means that the market is oversold or undervalued.
What is RSI 25?
In general, if the RSI indicator is less than 30, it generates a buy signal, and if it is greater than 70, it generates a sell signal. This period’s RSI was 25, indicating a heavy bearish trend since the bears were in charge.
About the Author: Larry Connors
Laurence Connors is the Chairman of The Connors Group, a capital markets intelligence firm that publishes daily commentary and insight into the financial markets (TCG). He is also the founder and CEO of Connors Research LLC, which provides high-quality, data-driven trading research to private investors, hedge funds, proprietary trading firms, and bank trading desks around the world.