Nasdaq NDX Be careful

Be careful
T1 = 16000
Be careful

Why Is RSI Important?
Traders can use RSI to predict the price behavior of a security.
It can help traders validate trends and trend reversals.
It can point to overbought and oversold securities.
It can provide short-term traders with buy and sell signals.
It's a technical indicator that can be used with others to support trading strategies.

A bearish divergence occurs when the RSI creates an overbought reading followed by a lower high that appears with higher highs on the price