A basic bearish signal is when the RSI crosses above 70, an overbought level. If this is followed by a move below 70, upward momentum may be weakening, alerting traders to a potential price reversal.
Learn how to measure the magnitude of price changes in 11 minutes Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Investopedia / ...
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