I have expected May 8th as the top of the pullback in this post:

However, it seems that there were more legs pending.
View still remains that this is a counter trend rally, and we will eventually head down again.
We are in 3rd of C and we will get another move up in 5th, which should mark the end of the entire leg up.
If I am invested in US markets - I would use this rally to book profits!
View is similar in Nasdaq and DJI, so not sharing those charts again. :)
All the best!

However, it seems that there were more legs pending.
View still remains that this is a counter trend rally, and we will eventually head down again.
We are in 3rd of C and we will get another move up in 5th, which should mark the end of the entire leg up.
If I am invested in US markets - I would use this rally to book profits!
View is similar in Nasdaq and DJI, so not sharing those charts again. :)
All the best!
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Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.