1 The Story
Past the textbook indicators
Constance "Connie" Brown spent years as an S&P 500 institutional trader before founding Aerodynamic Investments and writing some of the most advanced books in technical analysis.
Brown founded Aerodynamic Investments Inc. in 1996 and authored Technical Analysis for the Trading Professional, among other works. She is known for showing that RSI does not travel the full 0–100 range in trending markets (it holds bullish and bearish sub-ranges), and for her Composite Index — an oscillator built to catch RSI divergence failures.1
2 The Big Idea
What they gave the markets
Indicators behave differently in trends — and divergence can fail.
Brown demonstrated that RSI ranges shift with the trend and built the Composite Index to flag when expected divergences don't appear.1
3 The Method & Contribution
What she contributed
4 See It On This Site
Go deeper
On this site
Our RSI deep dive reflects Brown's and Cardwell's insight that RSI ranges shift with trend.
5 The Work
Technical Analysis for the Trading Professional
Technical Analysis for the Trading Professional
Constance M. Brown · (2nd ed. 2011)- A professional-level text challenging textbook indicator myths.
- Introduces the Composite Index and trend-dependent RSI ranges.
6 Read More
Go deeper
- CONCEPTRSI — the definitive guide.
- TRADERAndrew Cardwell — kindred RSI work.
§ Sources
- Constance Brown — Technical Analysis for the Trading Professional & the Composite Index — CMT Association.