$KOMA 4 The RSI has soared to 79.7
Don’t get carried away just yet—understand the RSI before you act.
Simply put, the RSI measures the proportion of the total price movement over a period that comes from upward moves: the stronger the upward moves, the closer the RSI gets to 100.
The RSI is calculated from past prices and reflects the strength of moves that have already happened. It can’t tell you what will happen next.
All data summarizes past market behavior, and the market can always move in the opposite direction.
#KOMA
Don’t get carried away just yet—understand the RSI before you act.
Simply put, the RSI measures the proportion of the total price movement over a period that comes from upward moves: the stronger the upward moves, the closer the RSI gets to 100.
The RSI is calculated from past prices and reflects the strength of moves that have already happened. It can’t tell you what will happen next.
All data summarizes past market behavior, and the market can always move in the opposite direction.
#KOMA
