Be cautious when the market is rising, and be more bullish than anyone when it's falling‼️

tena0623 : Thank you as always! When RSI is in that area, it may be considered overbought, and regardless of the value of the indicator, there may be reasons for selling.In the case of a sharp rise, is it correct to say that RSI decreases due to a decline in stock prices and the passage of time (sideways movement for a while)?If there is still room for further price increases, I wanted to understand that it is not advisable to make judgments based solely on RSI, and that's why I asked.

J_M_RIN OP tena0623 : It can be enjoyable to research how RSI has developed in the history of SOXL, especially when considering the movements of MACD and stock prices. I think it is important to carefully examine it with your own eyes. Stocks are sold for various reasons, so there are people who sell for high RSI reasons, but it is useful to determine how much potential there is for it to rise along with momentum, and it may be useful as a judgment criterion for whether it is dangerous to enter from now on.