The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price moves. The RSI moves between zero and 100 and is considered overbought with a reading above 70 and oversold when below 30.  Note the RSI can sustain an overbought (oversold) reading in a strong up (down) trend.


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WIR_Global Trend


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Week in Review
WIR_Key LevelsWIR_Equity_WeekWIR_Bond_WeekWIR_Equity_YTDWIR_Bond_YTD
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Category: Markets, Technical Analysis, Think Tank

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One Response to “Overbought and Oversold / Global Trend Indicators”

  1. mitchn says:

    Am I the only one who thinks the fretting of the “We can’t go higher” crowd and the VIX back down below 13 is a sign that we indeed are headed higher?