Nope, looks intact. The problem with just about everything is the FOMC. They keep propping everything up. Thus creating a high wire act. Look at that steep 70-degree upward slope.
By the time the crowd in this thread gets a confirmation on a trend reversal the market will probably reverse higher.
%% Buy Monday may work; if in InVerse ETFs, sell\exit some. If buy Monday hasnt worked by Tues close\ try next Monday/LOL. Not a prediction not FDIC issured . Typical SEPT sell......................................................................................................
It's funny, I'll watch old (2013, etc.) Tom Sosnoff (Think or Swim Guy) videos on YouTube where he's proclaiming the market can't possibly support such high levels... As always trade what you see, not what you think, and when you can trade both sides.
Ok then this's what i see. A broken uptrend and recently establishing (not established) down trend. I expect the corections to be in the red trend, my trade strategy is short whenever tocuhes to the upper bound, reverse below middle line. If it goes up and breaks it, stop the position https://www.tradingview.com/x/VwyEwrBi/