The video simplifies the Relative Strength Index (RSI), a popular trading indicator often misunderstood by traders. It explains how RSI measures momentum rather than value, and clarifies the meanings of overbought and oversold conditions.
- Understand that RSI measures momentum, not value.
- Learn the significance of RSI levels above 70 and below 30 in different market contexts.
- Discover how RSI behaves in trending versus ranging markets.
- Recognize the importance of divergence between price and RSI.
- Grasp that overbought and oversold do not guarantee reversals but indicate strength.
- Emphasize the role of context in interpreting RSI signals.
- Utilize RSI to confirm strength in trends instead of predicting price reversals.