A Top?
The market has consistently set records for months now, but is it over?
Going into a historically red month we could see ATH's but it might be short lived.
Reasons
- Rsi nearing 80 on the monthly (Main one, we would need to consolidate or have a crash.)
- 4th wave of covid could be the worst (Probs nots this is just a possibility)
- Inflation might be bigger then believed
- News is becoming bearish once again
- Large investors and people involved in the financial industry warn of another crash.
Going into a historically red month we could see ATH's but it might be short lived.
Reasons
- Rsi nearing 80 on the monthly (Main one, we would need to consolidate or have a crash.)
- 4th wave of covid could be the worst (Probs nots this is just a possibility)
- Inflation might be bigger then believed
- News is becoming bearish once again
- Large investors and people involved in the financial industry warn of another crash.
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