Charts of the Month – What is the RSI and How to Use It in Trading Strategies
Then a comparison of two RSI interpretations: conventionally to indicate mean reversion and alternatively to indicate whether a market is in a trend or a range. This includes a look at RSI divergences.
Then an overview of the RMI (Relative Momentum Index) as a smoother version and how this can be appropriate.
Speakers
Tim McCullough
Technical Analysis Application Specialist
Bloomberg
Tim is the application specialist in Technical Analysis at Bloomberg LP in London, where he manages the rapidly increasing demand for charting and data visualization tools in EMEA. He has over 30 years’ experience in financial markets, in trading, sales and research at major international banks, including State Street, UBS, BNP Paribas and Lloyds. He uses diverse but complementary technical methodologies, based on behavioral finance, to help Bloomberg clients to analyze sentiment in all asset classes and all conditions of volatility and liquidity. In 2018 he additionally took an MSc in Financial Investigation, including a dissertation examining the dependency of financial markets on illicit flows from money laundering. He previously took a BA in Classics and is a full member of the Society of Technical Analysts in London and of IFTA.