The euphoria seen on 16th March is exactly what's needed to create a divergence. [massively overbought relative to the uptrend created since May 2014]. We've a bearish divergence in RSI too, breaking away from the trend since May 2014.
A pullback to 94 seems likely at this point.
A pullback to 94 seems likely at this point.
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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.