Do that same RSI on the June bubble. 
Here's the whole year: http://bitcoincharts.com/charts/mtgoxUSD#rg360ztgSzm1g10zm2g25zxzi1gRSIzv
I think that back-fired just now, lol.
BTW, whatever that thing calculates, the result looks just like "lol I took the first derivative of the logarithm and did some magic re-scaling." I don't think this can predict the future.
Here's the whole year: http://bitcoincharts.com/charts/mtgoxUSD#rg360ztgSzm1g10zm2g25zxzi1gRSIzv
I think that back-fired just now, lol.
BTW, whatever that thing calculates, the result looks just like "lol I took the first derivative of the logarithm and did some magic re-scaling." I don't think this can predict the future.