Identifying market lows using the RSI breadth entry trigger (rsiBET)

Taken from the 2017 Annual Bloomberg Technical Analysis and Data Visualisation Summit, Eoghan Leahy, CMT,CAIA,MSTA outlines a strategy he created called the RSI Breadth Entry Trigger (rsiBET). This strategy identifies extreme oversold levels in equity indices. Eoghan explains how the study was created and demonstrates the methodology for back testing the performance using the tools available on the Bloomberg terminal.