What happens when everyone's looking at the same trendline?

10 ביוני

I think we overthrow the trendline for a massive bull trap.

10 ביוני

הערה

I want to make note that the RSI on the monthly is not yet in overbought territory.
Plus the CNN fear and greed index is at fear-neutral despite stocks being at all time highs. This could be viewed is divergence (stocks making new highs as fear and greed makes lower highs), but I think we will get greed-extreme greed.

12 ביוני

הערה

Trendline broken.

3 ביולי

הערה

Broken above as expected.