Taking a view on the weekly RSI we can see that a value of 96 can be a good indication for a cycle top or even a market pause. The bearish divergence maybe broken and be invalid soon - conformation of no bearish divergence by the OBV.
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.