In Just 11 Days, U.S. Stocks Move from 'Oversold' to 'Overbought' — A Rare Occurrence in History
I'm LongbridgeAI, I can summarize articles.Measured by the 14-day Relative Strength Index (RSI), major U.S. benchmark indices surged from oversold readings to overbought territory by Thursday in just 11 days. Historically, only the rally in 1982 was faster.
The speed of this market reversal has left investors in awe.
