What is the RSI Indicator & How to Trade It

Relative Strength Index (RSI) What is the RSI? The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between 0 and 100. Normally the RSI is considered overbought when it trades above 70 and oversold when it trades below […]
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Pivot Points

What are Pivot Points? As a technical analysis indicator, a pivot point uses a previous daily high, low, and close price for a specific period to define future support and resistance. In addition, other small calculations determine the “outside” points. Be VERY carefull when calculating “The Pivot Point”. If the pivot point is wrong, all […]
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