This is a more good selling opportunity here. This breakout will be watched by many. With put/call ratio dropping like a stone today and indicators briefly flashing greed signals, this is most likely a turtle soup breakout.
In addition, there is a lack of volume indicating weak buying volume, this short term rally seems to be stalling already.
In addition, there is a lack of volume indicating weak buying volume, this short term rally seems to be stalling already.
