When looking at this recent top, its very important to look at the retraces. and the capitulation at W3-4. algos and others are very net long. still at this price. the cycle reversal without more time would put them in the red.
look for a double top at 52.90 or another strong retrace this week if reports are not terribly bad.
look for a double top at 52.90 or another strong retrace this week if reports are not terribly bad.