RSI Bull And Bear Ranges | Leslie Jouflas, CMT (07.28)
Your Daily Five • 12m
Leslie discussed the Bull and Bear Ranges using RSI. You can find, in advance, clues when the market is going from Bullish to Bearish and Bearish to Bullish. In episode, Leslie explains to to identify these clues.
RSI was developed by J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
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