Russell 2000 has closed above Bollinger Bands for three consecutive days on the daily chart. The daily RSI is 74.63. There are, of course, fundamental reasons for the aggressive buying. But it needs to cool off. I am looking to short when the selling begins.
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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.