Next bubble coming?
Updated
"History doesn't repeat itself but it often rhymes." (Mark Twain)
Wave count shows that we could see an end of the bull run. In previous bubbles we saw a double top with a declining RSI.
Wave count shows that we could see an end of the bull run. In previous bubbles we saw a double top with a declining RSI.
Note
The theory seems to be falsified. However, did someone else notice the recent gap up? Sooner or later this gap needs to be filled. Also, the RSI has a bearish divergence. Let's wait a little bit more to see if this is just a bull trap...
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