Institutional investors are expecting a crash by a wide margin while retail investors are FOMOing at the mouth. We won't be back here for another year at least.
Green lines are support but decent chance it'll plumb new lows for a few days at least. Fed and vaccine hype can't keep this thing afloat forever on it's own.
Right time for some deeper analysis:
Always incredible to see how other people spot the same trend in different ways.
Those bottom two should be plastered everywhere, it amazes me how little consideration fundamentals get. Just look at all the bear-haters out there... we don't give a damn if it goes up or down, we just call 'em as we see 'em.
I do think we are at some interesting levels though based on this trend line. I just can't fathom that its going up with the economic numbers coming out. seems like it should drop hard and it is just taking some time