Yep, I'm just pointing out that the "indicators" you are pointing out as bearish have been very wrong very consistently in the past. The fact that the RSI is this high doesn't tell you anything more than just looking at the chart does. RSI can be high and stay very high for a long time in face ripping runs like this one. It is just a silly way to make something simple look more complex than it really is, taking a ratio of the average gain on green days and the average loss on red days and then mapping that quantity into a finite interval from (0,100).
RSI = 100 - 100 / (1 + (average gain over n periods + current period gain ) / ( average gain over a n periods + current period loss ) )
You don't need RSI to tell you that the average gains recently have been a lot more than the average losses.
Chart, page-15936
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