Price action has been very good to all of us. But nothing goes straight up. We can experience several pullbacks to the EMA ribbon and still be a bull market. Its reasonable to conclude that this will develop to a 30% slide to the EMA ribbon. The stoch RSI has been heavily correlated to the price and right now k>d (which is bearish). Plenty of people are watching the NVT; expecting a large retrace there. The RSI itself looks like its rolling over as well.
I'm not your advisor, own your trades, this is a blog.
I'm not your advisor, own your trades, this is a blog.
get ready to fall out the bands.