There is lots of chatter about the elevated RSI (relative strength index) in the major stock indexes especially the Dow Jones Industrials. The Dow RSI was up above 87 extremely overbot at levels not seen since 1955 and 1944. More recent overbot conditions show the tops for the 1987 crash, dotcom bubble crash, the financial crisis crash, and now. What do you think will happen? Note that it may take several months for stocks to top out and roll over after the elevated RSI's print, however, the RSI is already at elevated levels for several months this year. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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