1. RSI approaching overbought
2.CM williams extreme low
3. TD sequential giving a sell signal
4. approaching a pretty nice trend line that has been hit 3 times already.
it is highly probable sometime between now and hitting that trend line at 8k we will get a fairly nice pull back down to the 5.7k area. if not i still dont see us going much higher without a little pull back.
Nice pattern going on right now, its a lot more likely that we will continue the pattern rather than break it.
Penafian
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2.CM williams extreme low
3. TD sequential giving a sell signal
4. approaching a pretty nice trend line that has been hit 3 times already.
it is highly probable sometime between now and hitting that trend line at 8k we will get a fairly nice pull back down to the 5.7k area. if not i still dont see us going much higher without a little pull back.
Nice pattern going on right now, its a lot more likely that we will continue the pattern rather than break it.