In all honesty, RSI going under on the weekly is very very concerning.
I am not a financial advisor, but I call it how I see it.
I honestly hope I am wrong, but if I'm not.....4,900 is when we will be back.
I hope everyone has a great August....maybe trade options?
Good luck!
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Don't say this was not a fair warning. RSI is a huge factor when dropping below 50% in this market. History shows it, now look at where we are. Luckily for me i found a job at mcdonalds during the pump, now there is an influx of applications coming in.