I could bother to post all the dozens of indicators that show the price is overbought. But I won't. I won't because the only proof you need is to see all the lack of red dots in the last couple of days. I'd say most bears have capitulated by now, and that market complacency has crept in.
The market may continue to go up a little more as a bull trap, but not by much. This incredible rise was required so that the price could drop back down during the seasonal end of summer sale.
The market may continue to go up a little more as a bull trap, but not by much. This incredible rise was required so that the price could drop back down during the seasonal end of summer sale.
