Last 4 overbought daily's pulled back. Be cautious.
I'm still bullish long term, and we seem to have broke that consolidation wedge/triangle. More so, we're headed towards breaking that upper trend line of the bear market in due time. However, this overbought TA condition played out with a pullback the last few times. Heads up.
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.