Rarefied air up here very close to multi-year top IMO. Sure, we can grind higher for a few months .. but all you buyers, look at the trajectory of this weekly chart. Do you really think it can keep going straight up for much longer?
Comment:
Looks increasingly probable as of this writing (2/23) that the 3rd wave in the markets has topped. We could be in for a sustained correction at this point. Inflationary fears look to be kicking in.