Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
The S&P 500’s 14-day Relative Strength Index (RSI), a momentum oscillator that measures the speed and magnitude of price movements, surged to 75.62 on Wednesday, well into the overbought zone above 70 ...