This is a Bearish scenario I could see happening. One of my less probable scenarios but still possible.
If we break the current channels and other patterns in play this becomes more likely. It will be "despair" after the ATH. A true and proper shakeout.
This would make 2017 tough for bulls.
If we break the current channels and other patterns in play this becomes more likely. It will be "despair" after the ATH. A true and proper shakeout.
This would make 2017 tough for bulls.
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Disclaimer
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.