Short term sell off? I think we will be seeing some blood this next month or so before we make ATH this cycle. RSI is so over bought and we are starting a new month very soon. This needs to breath and I think I could do something it did last cycle. when it RSI was this high on the monthly in 2017. It dropped nearly 40% before making ATH.
We are seeing a confirmed trend reversal to the upside on the monthly that we haven't seen since the beginning of 2017. All of these recent gains are just the beginning. Buckle in folks! Set your longs, and enjoy the ride!