Oversold
Only ~14% of $SPX stocks have hit oversold levels so far (RSI < 30).
For context, that number reached >50% during last April’s Liberation Day selloff and >40% during the 2022 Bear Market. 👇
Only ~14% of $SPX stocks have hit oversold levels so far (RSI < 30).
For context, that number reached >50% during last April’s Liberation Day selloff and >40% during the 2022 Bear Market. 👇