RSI Stock Indices Indicator Strategy Summary
Summary of RSI indicator:
The RSI indicator is one of the most widely and oftenly used stock indices technical indicators available. RSI technical indicator is a momentum oscillator with some stock indices trend following characteristics.
RSI is one of the most popular stock indices indicators used in stock indices technical analysis & it used to generate stock index trading signals using crossover trading strategy.
RSI indicator plots the divergence and convergence of stock indices charts patterns. The RSI is constructed using chart stock index price movements. The RSI indicator is used to determine if:
The stock index prices are closing lower than where they opened - RSI indicator below 50 center line mark or
The stock index prices are closing higher than where they opened - RSI indicator above 50 center line mark
RSI Stock Index Indicator Trading Strategies