"History doesn't repeat itself but it often rhymes." (Mark Twain)
Wave count shows that we could see an end of the bull run. In previous bubbles we saw a double top with a declining RSI.
Wave count shows that we could see an end of the bull run. In previous bubbles we saw a double top with a declining RSI.
However, did someone else notice the recent gap up? Sooner or later this gap needs to be filled. Also, the RSI has a bearish divergence. Let's wait a little bit more to see if this is just a bull trap...