On a daily timeframe, the FTSE 100 has signaled an overbought reading on the RSI (14) printing >84. The last time this happen, it was the summer ’13, which lead to crash in the index of -12%.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
