The Basis of the Wave Principle

On August 10, 2011 By

by R. N. Elliott
First published on October 1, 1940

Civilization rests upon change. This change is cyclical in origin and characteristics. A rhythmic series of extreme changes constitutes a cycle. When a cycle has been completed, another cycle is started. The rhythm of the new cycle will be the same as that of [...]

Continue Reading

RSI – Relative Strength Index

On February 18, 2011 By

The relative strength index (RSI) is one of the most popular and well known momentum indicators used for technical analysis. It is used to signal overbought and oversold conditions in a security.

Relative Strength Index Technical Analysis

The relative strength index indicator is plotted between a range of zero to 100 where 100 is the [...]

Continue Reading