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The S&P 500 is now trading with a DAILY RSI of ~81, by far the...

  1. Sharetrader78
    14,348 Posts.
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    19/12/23
    19:32
    Post #: 71534447
    The S&P 500 is now trading with a DAILY RSI of ~81, by far the most overbought level in years.

    The last time the daily RSI was at 81+?

    On September 2nd, 2020 the day before the S&P 500 fell 11% in 3 weeks.

    https://x.com/KobeissiLetter/status/1736843235920617920?s=20
    Value at posting: 2,958.8
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