John Townsend

The True Strength Index is a low lag-time momentum indicator that can be used at www.FreeStockCharts.com.  Generally, it is bullish when the indicator is above ZERO and bearish when it is below ZERO.  As the indicator is very sensitive and responsive to movements of price, it can be effectively interpreted for buy and sell decisions. … Continue reading

Analysis Using the True Strength Index Indicator

When the tech bubble burst in 2000, Greenspan tried to “fix” the problem by cutting rates and printing money. Fix the problem he did … well sort of!