RSI readings of Investing.com and Spider software.
whenever you look at a chart, always remember that RSI gives slow movements on trending prices and fast movements on anti-trend prices especially in overbought and oversold territories. And the reason behind it is the interplay of Up Avg and Down Avg.
Failure swing is considered more significant, when it takes place within the oversold or overbought zones.
Normal Range: 30-70 Bull Range: 40-80 Bear Range: 20-60
If RSI cannot push above the 60 level then there is weakness in the market. If RSI cannot go down below
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