So, Im not going to sit here and chart bull charts all the time and not give you guys some dose of reality. I chart with enthusiasm but I also dont trade what I cant afford to lose/hold. Have fun with it, enjoy the roller coaster, dont fear it. Having said that, no one knows where the market is going to go, but be prepared for all scenarios.
I placed a 5 week moving average to correlate with the elliot wave oscillator (EWO). Note the RSI as well.