What RSI Is Telling Us Now About the S&P 500 Rally

This week, Dave Keller breaks down one of his favorite technical indicators: RSI, the Relative Strength Index. Using the S&P 500, Broadcom, Apple, and Ford as examples, Dave explains what overbought and oversold conditions really mean, how momentum shifts can signal a change of character, and why many traders misunderstand RSI readings. Dave also analyzes the current market setup as the S&P 500 pulls back from overbought levels after pushing to fresh highs. He explains why the key question now is not whether a pullback happens, but how deeply momentum weakens- and what RSI levels could confirm that dip buyers remain in control. LINKS Dave's daily market recap show: http://marketmisbehavior.com/chartthis How to scan for RSI on StockCharts: https://articles.stockcharts.com/article/stockcharts-insider-how-to-use-the-rsi-bullish-range-scan-to-find-strong-stocks/ 👀 See what better financial charting can do for you! https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 — Welcome 01:46 — S&P 500: What’s Really Happening 02:12 — RSI Explained in 60 Seconds 04:39 — How to Spot Trends with RSI 06:08 — The Biggest RSI Mistake Traders Make 07:35 — Ford: Spotting Trend Shifts Early 09:44 — Broadcom: Why Overbought Isn’t Bad 13:17 — Apple: When Momentum Breaks 15:25 — S&P 500 Outlook + Key Levels to Watch 18:00 — Divergences, Tools & Final Takeaways 👍🏻 FOLLOW US X - @StockCharts - https://x.com/stockcharts Facebook - https://www.facebook.com/stockchartsdotcom LinkedIn - https://www.linkedin.com/company/stockcharts.com-inc. ❗️DISCLAIMER Past performance is not indicative of future results. Neither the Show Participants nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this show may not be suitable for you and you should make your own independent decision regarding them. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment advisor ––––– ℹ️ ABOUT STOCKCHARTS StockCharts.com is the world's leading technical analysis and financial charting platform. Trusted by millions of online investors around the world, the company has been an industry leader in the financial technology space for more than two decades. With innovative, award-winning charting and analysis tools, our mission is to help you better analyze the markets, monitor and manage your portfolios, find promising new stocks and funds to buy, and ultimately make smarter investment decisions. ℹ️ ABOUT STOCKCHARTS TV StockCharts TV is devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, there's always something insightful, educational and entertaining to watch on the channel.