The Relative Strength Index Advantage: Combining Rsi and Other Analysis Techniques into a Winning Methodology

Traders often use a technical indicator without fully understanding how it works or the subtle movements that indicate market direction. This is especially true of RSI, which is good at indicating overbought and oversold market conditions as well as trend direction. This work explains the many subtleties of RSI and how it can be used for trend analysis, trend change and price target projections.