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Oscillators like RSI help identify overbought and oversold Markets.RSI compares the average price change of the advancing periods with the average change of the declining periods.Some indicators also incorporate volume and open interest.Indicators serve three broad functions: to alert, to confirm and to predict.Supply is synonymous with bearish, bears and selling.Demand is synonymous with bullish, bulls and buying.

Market price reflects the sum knowledge of all the participants.

The price is the end result of the battle between the forces of supply and demand.

The objective is to forecast the direction of the future price.

Support and resistance represent key junctures where the forces of supply and demand meet.

In the financial markets, prices are driven by excessive supply (down) and demand (up).

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