We have a nice overshoot of the market, causing many traders to jump on the long wagon. I am seeing it is kind of overdone. It is time to eat these overexposed Longs up. I am seeing weakness all over and it is time for at least a pullback. It will take some time to go down, but the medium is heading downward.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.