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.

 

Click chart to enlarge.
WIR_Overbought
(click here if chart is not observable)

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Global Trend Indicators

WIR_Global Trend
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WIR_Equity_MA(click here if charts are not observable)
Week in Review

WIR_Key Levels

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WIR_Equity_Week

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WIR_Bond_Week

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WIR_Equity_YTD

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WIR_Bond_Week
(click here if chart is not observable)

Category: Markets, Think Tank

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Week in Review: Global Trend Indicators Overbought/sold Markets”

  1. mathman says:

    Here’s another trend you can take to the bank:

    http://witsendnj.blogspot.com/2013/04/what-everybody-knows.html

  2. [...] Global trend indicators: overbought/oversold markets (TBP) [...]