about 1 month ago • 4:11 mins
The Relative Strength Index (RSI) is an old-time favorite among technical analysts and traders. As the name suggests, the indicator compares the relative strength of buyers and sellers – and that can tell you which side is driving the overall trend. By adding the RSI to your strategy, you’ll get a better idea of when it might be the right time to buy or sell. Let’s jump in.
J. Welles Wilder Jr., an American mechanical engineer and real estate developer, devised the RSI back in the 1970s. He explained the indicator in his 1978 trading book, "New Concepts in Technical Trading Systems”, and in the June 1978 issue of Stocks & Commodities magazine – a must-read for traders back in the day.
The CEO of Ark Invest and all-round markets guru gives us her 2023 projections on everything from inflation, to stocks, to crypto.
We hand the mic over to you: our community shared their projections for economic growth, crypto, next year’s investing landscape, and much more.
The experts address shorter-term trends like Big Tech, recessions, and crypto, and make their bets on long-term investing strategies.