The climb is demonstrating the nature of the movement, possibly a B wave of some sort. It is highly unlikely a new impulse in a bull trend, this is a bear market rally.
However, the B wave may end at any time or exceed record highs.
B waves are very difficult moves also for professionals, but small investors always see them as very easy, entrained by the high optimistic extremes.
B waves are part of the bubble.
However, the B wave may end at any time or exceed record highs.
B waves are very difficult moves also for professionals, but small investors always see them as very easy, entrained by the high optimistic extremes.
B waves are part of the bubble.