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Tellin_Fibs

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Tellin_Fibs

Re: None

Wednesday, 11/26/2014 4:55:09 AM

Wednesday, November 26, 2014 4:55:09 AM

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RSI in Technical Analysis for the Trading Professional, Constance Brown suggests that oscillators do not travel between 0 and 100. This also happens to be the name of the first chapter. Brown identifies a bull market range and a bear market for RSI. RSI tends to fluctuate between 40 and 90 in a bull market (uptrend) with the 40-50 zones acting as support. These ranges may vary depending on RSI parameters, strength of trend and volatility of the underlying security.
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