We seem to have stopped for the time being at 2500, which on a weekly chart time scale shows a bit more bullishness. But looking at the monthly chart on a macro scale, it looks like RSI still needs further to go. Could this be the start of a heated sell off and beginning of a bear market? Time will tell
Comment:
New printing, "there'll be not dashing for trash in a short squeeze", yet I see weed stocks and broken car brands doubling and trippling in value (namely AML and TLRY). Thinking the deadcat bounce is pretty much over and markets about tank much lower