SMSF

RSI – Relative Strength Indicator – One of the Best Indicators

At the bottom of many of our charts, you will see a sub-chart which shows RSI (circled in green). This is one of the mostly commonly used Technical indicators because it is one of the easiest to understand. Here is an explanation of what it is, and how to use it. Most commonly, the RSI indicator is depicted in red boundary lines in Grey at readings of 70 and 30.

The Beetle Syndrome

The practice of hitting someone on the arm and saying “Punch Buggy Red” every time you see a red Volkswagon Beetle came from a marketing campaign by Volkswagen started in 2009, the “Punch Dub” campaign. It was the very commercial usage of something I have always known as the “Beetle syndrome”.

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