Note the immediately higher odds of a next day gain with a dip after sustained selling pressure before jumping back higher still. Also note that, in comparison to the prior post, oversold readings under 10 have historically been outnumbered and outlasted by overbought readings above 90. This is expected given the positive long-term drift of the markets. Lastly, a neat little RSI widget is embedded below for your own experimentation and future use.
Postscript: The pending ETF Rewind presents a five-day history of short-term RSIs for nearly 170 ETFs across nine major asset classes. How great is that!