Were in Trouble
This market is unsustainable. Just look at how far we deviated from the natural upward trend line. Look at RSI and monitor the 44 level. If we touch or break below, watch out, this going to be a crash of epic proportion. If we use the 2009 crash trend line we should have a full correction by 2020.
Good Luck, trade safe and smart.
Good Luck, trade safe and smart.
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.