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SuperSniper00
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Can someone please explain to me what is L2, RSI, MACD etc?

What do they do and what are you looking for when analyzing them?

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*I'm not a financial expert or advisor, everything stated is my opinion*

Posts: 1680 | From: NC | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
Jelly
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L2 is a level 2 (quote, watch the feeds and time and sales)

RSI is the Relative Strength Index

MACD is the moving day average.

If you want to learn them, GREAT. There are some good books by Toni Turner. Or you could throw them in a search and research them more. I'd explain, except I'm sick and have kids tugging on me to be done working.

Posts: 1632 | From: NJ | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
Livinonklendathu
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This should answer your questions:

http://stockcharts.com/education/

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......in Psychiatry circles it's known as a "warning sign"

Posts: 1736 | From: Saint Louis | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
SuperSniper00
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Hey thanks guys, I appreciate it a lot.

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*I'm not a financial expert or advisor, everything stated is my opinion*

Posts: 1680 | From: NC | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
   

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