I suspected that this would be a bear trap. It seems waiting for some action was a good idea.
Now commencing is an impulsve count, targeting original upside targets. Lets give it some time and see how it unfolds.
Ill add that chasing the price is never wise, this time no exception. we should get a fair dip and signal.
This is most likely a correction like paypal was. Could be 2 of V if that recent fall from 378 was 1 of V.
Don't you think you have little too much bull bias in you?
"Sell the News" works usually.
imo not so obviously this time, but yes, good reminder this one
DISCLAIMER, i have a bit bearish bias in me
I dont believe this rally has anything to do with news, its a BIG publicity stunt and big wealth transfer is occuring globally. There is no news to sell. Its not like the paypal rally at all because its gradual and persistent, and we have compounded a lot more evidence over time to support it. If I could see a good bearish count I would track it beside but I dont.