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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,726.21
(
-0.26%
)
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Kaseymoe

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Kaseymoe

Re: None

Saturday, 03/09/2024 8:11:52 PM

Saturday, March 09, 2024 8:11:52 PM

Post# of 127
Rise in share prices has sustained itself to move well above the 50 and 200 day moving averages. RSI now 77 and in "Overbought" arena and about equals the 5 year high set in Aug 2020. In past five years every time the RSI has spiked above 70 a substantial drop occurs and usually back to RSI 30 for another BUY signal.
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