Too high too fast

13 thg 11, 2017

Even if this bull run is to be sustained, retrace seems inminent at this point. Volume and price action both show that there is a potential for a short now. Last time we didn't get the signal to engage, so there was no harm. Now there is a first signal through CCI and will keep waiting on RSI to add. First target on the 0.75 angle, and next one on 0.618 close to 53 area.
Good luck and thanks for your comments.