Here is a more detailed analysis of the market and you can clearly see a great example of RSI bearish divergence as price made a higher high and RSI made a lower high. Furthermore, MACD lines and histogram are showing signs of a reversal, there has been an 'evening star formation', and (if you see my previous post) this is the 3rd attempt to break above this trendline.
Verdict:
I will buy a put option on Monday as soon as the markets open and will take a loss if price moves above the all-time high.
Disclaimer - This is not financial advice and I am not responsible for any losses you may incur. This is intended for educational and entertainment purposes only.
Verdict:
I will buy a put option on Monday as soon as the markets open and will take a loss if price moves above the all-time high.
Disclaimer - This is not financial advice and I am not responsible for any losses you may incur. This is intended for educational and entertainment purposes only.