Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
There is an invereted H&S playing out. The "target" (if there is one) of that pattern is in the range of completion (786+).
The move up is convincing. Volume shows herd "denial". Getting in an a long term W3 is a question of risk. A W5 would be the closest thing to exact calculation, but the may not come. Fear of missing out is in play as well.
The long term direction is up. And while overbought may be on a lot of indicators, it does not exist in the market.