What happens when everyone's looking at the same trendline?
Updated
I think we overthrow the trendline for a massive bull trap.
Note
I want to make note that the RSI on the monthly is not yet in overbought territory.Plus the CNN fear and greed index is at fear-neutral despite stocks being at all time highs. This could be viewed is divergence (stocks making new highs as fear and greed makes lower highs), but I think we will get greed-extreme greed.
Note
Trendline broken.Note
Broken above as expected.
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