The tech-led Nasdaq just broke its longest-ever ‘uptrend’ in troubling sign for market
New York (CNBC): The Nasdaq-100 Index shed more than 2% on Tuesday, and based on one key technical indicator, it may be headed for even steeper declines.
Tỷ lệ tử vong vì Nipah lên tới 50%: Hàng loạt sân bay châu Á tái kích hoạt lá chắn thời Covid-19
TPHCM tăng cường giám sát tại các cửa khẩu quốc tế để phòng chống bệnh Nipah
Hoa Kỳ kêu gọi công dân rời Iran “ngay lập tức”
On Monday, the tech-heavy index’s 14-day RSI reading fell below 50, breaking its longest streak above 50 on record, according to data from Sentimentrader.
RSI, or relative strength index, is a momentum indicator that measures price changes in stocks or an index in order to asses an overall trend. Readings range from 0 to 100, with a reading of 50 considered neutral. Anything above 70 signals overbought conditions, while a reading below 30 indicates something is oversold.