R
RSI > 70 = Continuation (Jyoti Budhia)
Jyoti Budhia
Analysed 01 Jul 2026, 11:31 PM IST
Detected components (auto-read from transcript)
Claims it makes (quotes pulled from the transcript)
- “When daily RSI crosses above 70 it signals momentum continuation, so go long and exit when RSI drops below 50. Add weekly and monthly RSI for stronger confirmation.”
Verdict
At least it tests a specific, falsifiable claim — that RSI above 70 predicts continuation rather than exhaustion.
How we tested it
Nifty-50 daily, 2 years, single-timeframe plus multi-timeframe (weekly, monthly) confirmation variants.
It doesn't. −0.15R per trade, and stacking weekly + monthly RSI confirmation made it steadily worse (−0.29R, then −0.43R for the dip-buy variant). RSI>70 carries no continuation edge on Indian equities — the core thesis is simply false.
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