Articles

Welles Wilder’s Relative Strength Index (RSI) is one of the most popular indicators in technical analysis and has been for quite a number of years.

There is no doubt that since the bear market low on March 13, 2003 (2679), the Australian Stock Market and many global stock indices have gone bananas.

I have not traded index futures, but I do follow them as I was always led to believe that they can give an inkling about where the physical market may be headed.

What has the market done so far? Where is the market now? Where is the market going? As a trader, you look for answers to these questions.

This week we are going to take a look at a well known indicator and certainly one of the most commonly used - the MACD (Moving Average Convergence Divergence).