As momentum seems to be slowing, it looks like distribution could potentially be forming. I Will be setting limit orders at this zone as any higher and I'd start to think that all time highs would follow. As world economies crumble it's hard not to be short biased and if that first initial crash in March was just a teaser for what is to come I'd expect a rejection from this zone.
Commentaire:
Still valid.. Looking for a massive blow-off top v soon