Semiconductor Index Hits Extreme Overbought Levels: What History Signals Next
The recent 50% rally in the , with an unprecedented 18 consecutive up days, has been a sight to behold, pushing many forecasts and indicators to their limits. As such, on Friday, April 24, the 5-day and 14-day relative strength indicators (RSI5, RSI14) registered at 98.7 and 85.1, respectively. The former has never been this ...












