This week you will be studying chapter 17 in your text, Short Term Patterns. One area that should be explored are three specific indicators (we have covered some but not these). They are:

1) Moving Average Convergence Divergence (MACD)

2) Stochastic Oscillator

3) Relative Strength Indicator (RSI)

Your task is to research each of these indicators and give a:

1) description of each,

2) what markets each may be used in,

3) how they would be traded,

4) be certain to show an illustration of each showing how one would trade each.

Be certain to reference your resources.