Category Archives: Relative Strength Index

U.S. Sector ETF Performance – May 28

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Equities Overbought, Yen Massively Oversold

The Nikkei’s 14-day Relative Strength Index (RSI) exceeds 80 and we can’t recall ever seeing anything as short-term oversold — in a hard currency market — as the yen/dollar with its RSI of 10.   The Russell 2000 is the … Continue reading

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