$TRUTH Daily RSI is 78.6, in overbought territory.
A beginner’s burning question: What exactly is RSI measuring?
Put simply, RSI looks at how much of the total price movement over a recent period came from upward moves: the more and stronger the gains, the closer RSI gets to 100.
RSI at 78.6—and my heart rate’s climbing too.
The same reading can mean very different things in different market conditions, so don’t blindly apply a one-size-fits-all rule.
#TRUTH
A beginner’s burning question: What exactly is RSI measuring?
Put simply, RSI looks at how much of the total price movement over a recent period came from upward moves: the more and stronger the gains, the closer RSI gets to 100.
RSI at 78.6—and my heart rate’s climbing too.
The same reading can mean very different things in different market conditions, so don’t blindly apply a one-size-fits-all rule.
#TRUTH