NO!!! the BULL IS NOT DEAD
IN a temporary FIX
Called an ENDING DIAGONAL
Inferring the MKT HAS GONE AS HIGH AS IT CAN GO and is NOW EXHAUSTED
in other words
BUYERS are either OUT OF $$
OUT OF INCENTIVE to BUY more.
SENTIMENT is dripping with DROOL as those perenial bulls are chomping at the bit to buy more- THEY ARE SUCKED in and cant get out.
HEY, Mr trader,
TAKE OFF THOSE ROSE COLOR GLASSES !!
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