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