As we predicted on October 18 (Friday), the market went up as we saw a 1-2-3 set up on the 15min
We never thought it would climb so high so fast - what a short squeeze!
The question is "where are we now".
Daily chart: We are still within a single wave up since the recent low; we need to see overbought conditions on the daily RSI(14) to call this uptrend complete.
10min chart: Still looks like a part of a B wave up from the recent low, in need for a higher intraday to complete this part of the uptrend. That would also satisfy the requirement on the daily for RSI(14)>70. It would also generate a price / MACD divergence that is shown below.
Tomorrow will report on my monthly chart analysis in order to examine where we are
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