“Shows” here just means “hints at” or “points to” — it’s not proof.
When the post says “RSI 15m at 61.85 shows a local bounce,” it’s saying the 15-minute RSI is reading like a quick pop up.
It’s a short-term lift, not a full trend flip.
So the trader is using that RSI level as a clue for a small rebound, not a guarantee that the market has reversed.
When the post says “RSI 15m at 61.85 shows a local bounce,” it’s saying the 15-minute RSI is reading like a quick pop up.
It’s a short-term lift, not a full trend flip.
So the trader is using that RSI level as a clue for a small rebound, not a guarantee that the market has reversed.