RSI

The real value of the RSI is in predicting when the price may be at a point where a significant correction is due.

This post looks at the strategy of divergence trading which uses oscillators such as MACD and RSI to detect market turning points. Divergence highlights places where momentum is slowing and is likely to reverse.

In tactical carry trading, short-term "technical" trades are entered in the direction of carry interest. This allows interest income to be accrued.