Are we in a dead cat FOMO induced bounce?
Updated
The similarities are uncanny I'm not saying we are going to crash as low as we did in 2014 but I think capitulation then consolidation is probable.
Note
it's starting to look a lot like the top of the 2018 bubble.Note
I was the first one on tradingview to come out with this idea as far as I know back in May. I stand by my prediction and here is a reasonable short term target of 6500 
Note
Here is another chart same target different method. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.