New Video: The RSI Indicator and Market Reversals (What’s Happening Now?)

Sep 9, 2015: 9:08 PM CST

We continue the “Is the Market Retracing… or Reversing” Study with a look-back on the RSI and how divergences have previously preceded major market reversals.

In the video we study the 2000 Bull-to-Bear Market Reversals along with the 2003 Reversal back to a Bull Market… and finally the 2007 peak and transition into a Bear Market.

What’s the indicator saying for 2015?

Take a look at the video and continue to compare 2015 with these prior two retracements within the ongoing bull market.

If you missed the first video (“Retracement or Reversal?”)  in the new series for you, please be sure to see it as well.

Also, feel free to subscribe to our new YouTube Channel to see these and more videos as they go live.

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Corey Rosenbloom, CMT
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1 Comment

One Response to “New Video: The RSI Indicator and Market Reversals (What’s Happening Now?)”

  1. Mahesh Says:

    I really like this indicator but still I believe one can’t be 100% sure, so we need to have solid money management in place to make it work. At the moment I am trading with OctaFX broker where they have lovely cTrader platform, it’s highly upgraded with latest use of technology, so that helps me trade better and use this indicator well, so that’s why I enjoy working with them, but again we do need to have support of money management.