Twin peaks... double top... engulfing bear candle...
rejecting midway between the fibos... it's a 2/3 retracement.
Cries of 'new bull market!' are delusions... divergence is not bullish.
Look at RUT. Rally was 1/3. Not even close to NAZ.
NAZ rallied 100%, some issues ATH. Re-inflated bubble.
Re-burst incoming... soon.
rejecting midway between the fibos... it's a 2/3 retracement.
Cries of 'new bull market!' are delusions... divergence is not bullish.
Look at RUT. Rally was 1/3. Not even close to NAZ.
NAZ rallied 100%, some issues ATH. Re-inflated bubble.
Re-burst incoming... soon.
Comment:
Astonishing. Bears running for cover... what a finish. Back to 4440. Next stop... the Twilight Zone.
Trade active:
The blow off top to be followed by a spectacular decline. Be ready. Accumulating bear shares on the ride up.
