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