SPY swing puts - the RSI bear story

Please see notes on chart.
I bought 21 May 418 strike puts when SPY was over 422.30.
Strangely, the U.S. markets are flying high today while individual stocks are chopping around and/or still leaning bearish on 30 or 60m timeframes.
SPY weekly chart has been extended for so long that I am ignoring it for now and paying attention to the daily and 30m for context.