What happens when everyone's looking at the same trendline?

I think we overthrow the trendline for a massive bull trap.

Not

I want to make note that the RSI on the monthly is not yet in overbought territory.
Plus the CNN fear and greed index is at fear-neutral despite stocks being at all time highs. This could be viewed is divergence (stocks making new highs as fear and greed makes lower highs), but I think we will get greed-extreme greed.

Not

Trendline broken.

Not

Broken above as expected.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

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