The Accumulation/Distribution Line shouldn't have gotten this high actually. While we're in an overall downtrend, this is usually a sign of another leg down.
The OBV is also lagging on the breakout.
I personally took some profit at this point but don't dare to open a short position because of the very strong upward momentum. It may continue to 22k the same way.
Good luck.
The OBV is also lagging on the breakout.
I personally took some profit at this point but don't dare to open a short position because of the very strong upward momentum. It may continue to 22k the same way.
Good luck.