Global Trend Indicators
Technical Moves:
Reclaiming 20-day moving average
S&P500, Nasdaq, Russell 2000, Mexico IPC, Australia ASX
Reclaiming 50-day moving average
Russell 2000, FTSE
Reclaiming 100-day moving average
Russell 2000, FTSE
Reclaiming 200-day moving average
France CAC, Mexico IPC
Breaking 100-day moving average
Shanghai Composite
Breaking 200-day moving average
Korean KOSPI, India SENSEX
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Overbought and Oversold Markets – April 12
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price moves. The RSI moves between zero and 100 and is considered overbought with a reading above 70 and oversold when below 30. Note the RSI can sustain an overbought (oversold) reading in a strong up (down) trend.
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Week In Review
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