RSI (Relative Strrength Index):
The Relative Strength Index (RSI) is an extremely usful and popular momentum oscillator. The RSI compares the magnitude of recent gains to the magnitude of recent losses and turns that information into a number that range from 0 to 100.
There are multiple ways that you can use the RSI. You can use it to spot Overbought/Oversold levels, to spot divergences that show you a trend is losing steam, or u can used it to confirm a trend.
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