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Overbought and Oversold Markets – February 8
Sunday, February 10, 2013 15:11
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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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2013-02-10 15:01:44
Source: http://macromon.wordpress.com/2013/02/10/overbought-and-oversold-markets-february-8/
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