I’m going to have to create an IKAGI “KOL/Guru hopium list” of parroting arguments and narratives. Stuff you should ignore. 🫠Today: “mUh RSI 1s th3 low3ST EveR”Granted… It is a good indicative that things have a chance of turning around. However, it’s FAR from being an indicative of a reversal, study charts you’ll find that strength indicators can “remain” irrational, developing divergences, or being at “historical” levels for a VERY long time. Find the context and the metrics that REALLY matter. 👺
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I’m going to have to create an IKAGI “KOL/Guru hopium list” of parroting arguments and narratives. Stuff you should ignore. 🫠Today: “mUh RSI 1s th3 low3ST EveR”Granted… It is a good indicative that things have a chance of turning around. However, it’s FAR from being an indicative of a reversal, study charts you’ll find that strength indicators can “remain” irrational, developing divergences, or being at “historical” levels for a VERY long time. Find the context and the metrics that REALLY matter. 👺