$AKE ｜4-hour RSI(14) 75.2｜Overbought
Before looking at fund flows, first understand RSI.
Simply put, RSI measures the proportion of recent gains relative to the total magnitude of gains and losses: the more gains outweigh losses, the closer RSI gets to 100.
RSI is generally more effective in ranging markets, while in trending markets it can signal a reversal too early.
Reading indicators is easy; the hard part is sticking to the rules when the market gets extreme.
#AKE
Before looking at fund flows, first understand RSI.
Simply put, RSI measures the proportion of recent gains relative to the total magnitude of gains and losses: the more gains outweigh losses, the closer RSI gets to 100.
RSI is generally more effective in ranging markets, while in trending markets it can signal a reversal too early.
Reading indicators is easy; the hard part is sticking to the rules when the market gets extreme.
#AKE