Technical Analysis – US 500 index posts fresh record high; RSI could be pointing to overextended market
The US 500 index hit a fresh all-time high of 2,842.60 during today’s trading. The Tenkan-sen line remains above the Kijun-sen line – with both lines maintaining a positive slope – and the RSI indicator continues to rise. All these are indicative of the positive momentum that is in place. However, the RSI is well […]