ES1! - Not at the top... Not even close

17. Feb. 2021

Look at the expansion in the MACD /signal lines. We haven't hit overbought yet. If you step into a weekly chart and examine the last few major advances in the market before 'peaks' (2000 dot com bubble for instance), note that there is negative divergence on MACD and RSI well ahead of the actual peak. We've barely hit the base camp to look at the summit. Does this mean there won't be major corrections in the future? Heck no. Volatility is going to ramp up along with inflation . That's the nature of the beast. Cheers & happy trading everyone.

3. März 2021

Kommentar

I repeat. NOT. THE. TOP.