The S&P 500 Sank 10% The Last Time This Warning Flashed
1. S&P 500's RSI at 75.62 indicates overbought conditions. 2. Historically, similar RSI levels led to notable pullbacks. 3. Market strength is driven by momentum and AI optimism. 4. Recent overbought signals sometimes precede rapid declines. 5. Traders advised to monitor technical indicators amid high sentiment.