S&P 500 Hourly RSI reset: 48. We just watched the hourly metric flush all the way from an extreme 91 down to a neutral 48. One thing about RSI people often overlook: RSI overbought condition resets in one of two completely different ways: 1. A Price Correction ➔ The market pulls back hard and fast. 2. A Time Correction ➔ A shallow dip followed by sideways, grinding chop. The single biggest mistake I consistently see retail traders make is assuming overbought means a guaranteed hard crash. They blindly load up massive short positions, only for the market to execute a textbook #2 time correction. The RSI cools off completely, the shorts get squeezed out, and the index prepares for the next leg higher. Don't make that amateur mistake. The market can digest extensions through time jus
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