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March 8 Week in Review: Overbought/Oversold Markets
Posted By Global Macro Monitor On March 10, 2013 @ 8:30 am In Markets,Think Tank | Comments Disabled
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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Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2013/03/week-in-review-overbought-oversold-markets-march-8/
URLs in this post:
 Relative Strength Index (RSI): http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:relative_strength_index_rsi
 Image: http://macromon.wordpress.com/2013/03/09/overbought-and-oversold-markets-march-8/wir_overbought-12/
 here: https://macromon.wordpress.com/2013/03/09/overbought-and-oversold-markets-march-8/
 Image: http://macromon.wordpress.com/2013/03/09/week-in-review-62/wir_key-levels-82/
 Image: http://macromon.wordpress.com/2013/03/09/week-in-review-62/wir_equity_week-82/
 Image: http://macromon.wordpress.com/2013/03/09/week-in-review-62/wir_bond_week-88/
 Image: http://macromon.wordpress.com/2013/03/09/week-in-review-62/wir_equity_ytd-77/
 Image: http://macromon.wordpress.com/2013/03/09/week-in-review-62/wir_bond_ytd-87/
 here: https://macromon.wordpress.com/2013/03/09/week-in-review-62/
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