There is definitely a lot of buying pressure but the bulls are getting tired. This H&S could still happen.
Wouldn't recommend shorting really, but taking some off might be a good idea.
Wouldn't recommend shorting really, but taking some off might be a good idea.
Follow me for some interesting Risk:Reward ideas. I have a purely technical analysis approach. I mainly watch and trade US stocks that have weekly options. This is not an investment advice, do your own due diligence.