Tag Archives: RSI

CHANNELS.INDIA - RSI SPECIAL

SUMMARY: IDEA DAILY (IDEA) RSI pushed higher till key 40 levels. A clear break above respective levels would suggest that the corrective structure down is already complete. BHARTI DAILY (BRTI) Prices continue to hold key supports at 280 levels. RSI is still below key 40. MAHAGANAR DAILY (MTNL) The structure seems to have a pending [...]
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RSI - DIVERGENCES

Divergences are also an extension of the Dow Theory rule of non confirmation between indices. DOW Theory looks for non confirmation between two indices. While divergence looks for non confirmation between price and its RSI. Unlike failure swings, divergences are a bit loosely defined. There are simple and complex divergences. There are also divergence failures [...]
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MOMENTUM - INTERPRETING RSI - I

Linearity or trend in a price does not depict the strength and weakness cycles in a price very well. Momentum is a popular secondary indicator after price because it de trends the price and elucidates when the trend in a price strengthens and weakens. Why is this important? A stock or asset bought in a [...]
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MOMENTUM - INTERPRETING RSI - I

Linearity or trend in a price does not depict the strength and weakness cycles in a price very well. Momentum is a popular secondary indicator after price because it de trends the price and elucidates when the trend in a price strengthens and weakens. Why is this important? A stock or asset bought in a [...]
Posted in Primers | Tagged | Leave a comment

RSI - DIVERGENCES

Divergences are also an extension of the Dow Theory rule of non confirmation between indices. DOW Theory looks for non confirmation between two indices. While divergence looks for non confirmation between price and its RSI. Unlike failure swings, divergences are a bit loosely defined. There are simple and complex divergences. There are also divergence failures [...]
Posted in Primers | Also tagged | Leave a comment