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How to use Relative Strength Index (RSI) by D este
How to use Relative Strength Index (RSI) |
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Investment,Finance & Investment
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When we see that demand is weakening and selling pressures overtake it in a price level, it also makes a distinctive pattern on your price charts. You should look to this as supply and buying pressure. By knowing where these levels have been in the past, you can enter into trades with high confidence since you know that there is likely to be leftover institutional orders that will help you profit in your trade direction. make sure to use stop losses to protect profits. So the Dow (INDEXDJX:.DJI), S&P 500 (INDEXSP:.INX), Nasdaq (INDEXNASDAQ:.IXIC), NIKKEI (INDEXNIKKEI:NI225), DAX (INDEXDB:DAX), and any other index you focus on will likely trade off the ebbs and flows of the debt ceiling news that will fill our screens for the next month. Relative Strength Index (RSI)
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