After our GDP growth topped our expectations, I expect the market to fulfill a blow off high (illustrated here by the completion of wave 4) I also expect buyer exhaustion to set in. Which may turn to wave 5.
Down in the 1HR chart you can see RSI divergence as the market is being over bought.
I will be updating this within the coming week.
if you have any ideas, or comments please leave them below. Thank you.
Down in the 1HR chart you can see RSI divergence as the market is being over bought.
I will be updating this within the coming week.
if you have any ideas, or comments please leave them below. Thank you.