At some point the overbought/oversold–too many bulls games. can get suspended as they did when, in 2000,THE ENTIRE
NASDAQ had all the listed stocks at an average p.e. of 250
what did the RSI look like then?…in a mania ya can wipe your rear end with RSI stats…
That said…let’s hope gold doesn’t gap open down tonight an ole 20 or 30 bucks…