Sure, there may be some very short term upside...but then what?
Earlier EW analysis foretold of an impending significant sell-off that has, as of yet, not materialized....
But look at the huge current RSI divergence at the current peak compared to the relatively small RSI divergences that led to smaller, but still significant, sell-offs...
I wouldn't be long here....just saying...
But look at the huge current RSI divergence at the current peak compared to the relatively small RSI divergences that led to smaller, but still significant, sell-offs...
I wouldn't be long here....just saying...
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