Focus on the monthly!
Recap, why this is not a bull trap?
1) Hit an all-time high on the monthly
2) Stock RSI still super powerful
3) EMA ribbon clear uptrend
Here is both very long-term and short term analysis for our current Everything Bubble stock market crash. We just crossed over the bear trendline and rallied up and back-tested the 2008 financial crisis trendline. This sets up the bull trap, and a next huge leg down.