Using the Relative Strength Index (RSI) and Covered Calls to Preserve Long Term Capital Gains

One of the tools I regularly use to preserve gains and especially long-term capital gains is writing covered calls on positions that I think can do down in the near term. Technical analysis is a…


Using the Relative Strength Index (RSI)

The Relative Strength Index (RSI) was first developed by renowned technical analyst J. Welles Wilder. It is not to be confused with relative strength, which compares a stock’s price performance to…


Divergence- the best technical indicator

Divergence A divergence is a move in the price of an asset not confirmed by a comparable move in the applied technical indicator. For example, a bullish divergence exists when a market reaches a…


Technical Analysis that Works

  "You see I can predict this stock went down!"   I've read a great deal on technical analysis and spent a great deal more time testing various indicators, programs, backtesting, and…


RSI Divergence flashing warning on Market

I’m pretty convinced now that the relentless march upward of the markets is coming to a bump. No way of telling what sets it off but this significant divergence is revealing waning buying……