It's an indicator that historically, literally, has NEVER failed even once. I think we will either see one more leg up, or this has been the high for the next few months and we will cycle lower in approximately 3 to 4 months. I will elaborate on this thesis in a later post. In the mean time, feel free to comment if you have any thoughts on this.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.