It's rather TOO OBVIOUS don't you think? Even a noob like me entered long @ 2870 (even though I got the cold feet and bailed out early...such a noob ).
Perhaps... but then again.. yesterdays set up was just as obvious on same time frame... The key for me is I do NOT to predict anything... I just run various scenarios thru my head & just trade what I see when the opportunity presents itself....
What I meant was that this market has been ripping higher every day and it seems obvious that this will continue.
Nothing will get in the way of this beast, especially in the AH. Better get out of the way or be prepared to get steamrolled. But the question remains. What would happen if there's no more sellers left?