With every indicator and level booming right now, it may not be long before we see some reset on the RSI and stochastic. Both sit at 70, but MACD is curling up to provide some sort of continuation, but the Bollinger bands are stretched out very thin; I wouldn't be surprised if it is low 500 before a continuation, but something has to happen to cool down the temperature
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.