📊 What is the Relative Strength Index
(RSI)
📈It is an indicator used to measure the extent to which the market is overbought or oversold.
If it exceeds 70, the market is overbought.
If it drops below 30, the market is oversold.
It helps you make more informed buying or selling decisions.
If it is between 30 and 70, you are in the "market comfort zone", and the smart investor waits for additional signals before making a decision 🔍.