The overbought level with the RSI is the?
- 100
- 80
- 70
- 60
The wrong answers include A) 100, B) 80, and D) 60.
The correct answer is C) 70
A divergence between price and the oscillator forms when?
- Price and oscillator are moving in different directions
- Price and oscillator are moving in the same direction
- When the market is ranging
- None of the above
The wrong answers include B) Price and oscillator are moving in the same direction, C) When the market is ranging, and D) None of the above.
The correct answer is A) Price and oscillator are moving in different directions
A golden cross forms when the following happens with the moving averages?
- The MA (50) is moving below the MA (200)
- The MA (50) is moving parallel with the MA (200)
- The MA (50) is moving above the MA (200)
- None of the above
The wrong answers include A) The MA (50) is moving below the MA (200), B) The MA (50) is moving parallel with the MA (200), and D) None of the above.
The correct answer is C) The MA (50) is moving above the MA (200)
The RSI is in the oversold territory when?
- It is closing below 40
- It is closing below 30
- It is closing below 45
- It is closing below 50
The wrong answers include A) It is closing below 40, C) It is closing below 45, and D) It is closing below 50.
The correct answer is B) It is closing below 30.
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