RE:RE:Overbought Situation, this is going to be ugly.In a trend oscillators can be oversold or overbought and stay there. So they are meaningless or not valid for
trading purposes in at trend. The RSI computation keeps on getting larger as the daily moves keep on going higher.
In a range bound situation the oscilators show extended levels that can be traded.
But in a trend oscilators are false. Or as the RSI shows if it pulls back to a level of 50 and then climbs again it simply shows the bulls are in control and the share price is closing in the higher part of the days trading range over the 14 perionds of the calculation.
to show your charts you can go to the "insert url" from the upper menu. Second row down 5th from the left. Past your URL and then name your link in the second step and you then have the link to your chart in the message. Can't see what you mean but would like to as you sound like you have done your work to understand.