📙 Table of Contents 📘
  1. Robert Rhea
  2. Arthur Merrill
  3. 📝 References 📃
  4. 📘 Bibliography 📗

❓ How to Use the 💪 RSC Indicator ⚖️ - A Simple Tutorial 🧑‍🏫

Comprehensive Analysis of the 💪 RSC (Relative Strength Comparative) Indicator ⚖️ as used by the best Dow Theorists.

by Alan Collins

1) Robert Rhea and the 💪 RSC (Relative Strength Comparison) ⚖️

It appears that RSC was developed by Robert Rhea, who wrote about it in an article in Barrons (1933) [1].

RSC was subsequently used by Gartley (1930s) [2], Richard Wyckoff (1930s), George Chestnutt (1960s), Edwin Coppock (1960s), Robert Levy (1967) [3] and James O'Shaughnessy (1997).

2) Arthur Merrill

Later, the noted market technician Arthur Merrill included it in his list of favourite indicators. As he observes: "I compare current price with a regression of price vs. price of the Standard & Poor's 500 index." [4]

📝 References 📃

  1. ^ Rhea, Stock Habits.
  2. ^ Gartley, Relative Velocity.
  3. ^ Levy, Relative Strength.
  4. ^ Merrill, Stock Selection, p.241.

📘 Bibliography 📗

Book Cover of Relative Velocity Statistics: Their Application in Portfolio Analysis by Gartley, H. M Gartley, H. M. 'Relative Velocity Statistics: Their Application in Portfolio Analysis'. Analysts Journal, Volume 1, No. 2 (April 1945): 60-64.
Book Cover of Relative Strength as a Criterion for Investment Selection by Levy, Robert A Levy, Robert A. 'Relative Strength as a Criterion for Investment Selection'. Journal of Finance, Volume 22, No. 4 (December 1967): 595-610.
Book Cover of Stock Selection by Merrill, Arthur A Merrill, Arthur A. 'Stock Selection'. Technical Analysis of Stocks and Commodities, Volume 10, Issue 6 (Jun. 1992): 239-242.
Book Cover of Stock Habits: A Simple Method to Follow Issues that Fluctuate 
      More Widely than the Averages by Rhea, Robert Rhea, Robert. 'Stock Habits: A Simple Method to Follow Issues that Fluctuate More Widely than the Averages'. Barron's (8 May 1933).

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