Knowing what the relative strength index (RSI) is and knowing how to read an RSI chart are investor tools that can help both professional and retail investors anticipate reversals. Overbought ...

Most traders use it with a 14-period setting. Depending on your chart’s timeframe, this could mean 14 days, 14 hours, or even 14 minutes. Unlike price-following indicators, RSI doesn’t just track ...

Note the RSI can sustain an overbought (oversold) reading in a strong up (down) trend. Click chart to enlarge. (click here if chart is not observable) Read more posts on Global Macro Monitor ...