Well outside the channel and very extended. Anticipating a test of prior support.
Maybe we are not extended and are right where we should be. A minor pullback and continuation? Quantitative Easing can easily get us to 2022 and then what happens at the convergence? 2024 will be a scary time in the market when there is a change of power in the Executive or Legislative Branches, maybe both...
Maybe we are not extended and are really right where we should be. Quantitative Easing can easily get us to 2022 and then what happens at the convergence?
Need to break the upper trend line for new ATH. Short term - Short RSI Oversold