This describes a common set up for the US stock market NASDAQ COMPOSITE bubble. Most concerning to me technically is the 2 part bearish regular divergence on the 1 month candle chart and the recent break out of linear resistance. It's hard to tell how long and how far up we can extend.
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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.