Technical Combination of RSI, MACD and price behavior

Technical Analysis Setups: Combination of RSI, MACD and price behavior This is one of the setups which is very logical but many RSI readers (sometimes even proficient traders) get trapped on the wrong side of it many a times. Most traders think when RSI is over-bought, it is time to sell and vice versa. Unfortunately, RSI masters forget to tell us that when RSI is over-bought this could also be the sign of high buying momentum (mostly happens when a stock goes through positive re-rating). Similarly when a stock gets downgraded or earnings are negatively revised, then we see RSI oversold for elongated period of time. Visit More info: PIVOT TRADING