RSI trends

  • By Cory Mitchell ,
  • Stocks and Commodities Magazine
  • Technical Indicators
  • Trends
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What does the behavior of the relative strength index within a trend tell you about the strength of the trend? While one common method uses divergence between the relative strength index (RSI) and price, we can go beyond that and find out if a trend is likely to continue. We can do so by looking at certain RSI levels contained in a trend; this provides us with valuable information for making trades within the current trend. Watching for breakouts of these RSI levels can also provide us with confirmation for what is happening with price. Read on to learn more...

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