It is what it is, until we make a higher high, it's still a bearish consolidation/distribution pattern before a major markdown event occurs.
Sad it appears the rally is over.
Sad it appears the rally is over.
Note
tradingview.com/chart/jtSIERYf/Looks like bulltrap is playing out. No different then any other asset experiencing a blow off top. Veterans know how to read 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.