JGBB Crosses Critical Technical Indicator
December 19, 2014 at 16:24 PM EST
In trading on Friday, shares of the WisdomTree Japan Interest Rate Strategy Fund ETF (JGBB) entered into oversold territory, changing hands as low as $48.90 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..