We have Simular weekly divergence like in the last 2 sell offs, this time we have the biggest one on the Squeez Momentum Indicators. In the next
few weeks we should see a massiv sell off coming.
The current weekly candle is a sellers trap, to get sellers out of the market befor a sell off is happening, just like right befor the 2020 crash in march.
This could be a indication that it wll take 1-3 more weeks until the sell off.
I personally think we are simply overvalued and no Stimulus will make it better, just push it behind.
few weeks we should see a massiv sell off coming.
The current weekly candle is a sellers trap, to get sellers out of the market befor a sell off is happening, just like right befor the 2020 crash in march.
This could be a indication that it wll take 1-3 more weeks until the sell off.
I personally think we are simply overvalued and no Stimulus will make it better, just push it behind.