VIX and Put/Call Ratio is showing over confidence. MACD has given a sell signal and price is in the lower tine of the fork. Elliott Wave can be counted as nearly complete. Be prepared for a sell off soon.
Tuesday, January 5, 2021
5 January 2021
This is what happened during the after hours. If this count is correct tomorrow may be down a lot further.
This fork starts in 2009. It seems to fit quite well and indicates that the top is near.
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