Hi @manny100 ... couldn't agree more re: observation of Oscillators showing multiple divergences(fulfilled or unfulfilled) on the way up in a strong market ... i.e. Use their TL supports whilst they are above the 50% marks(particularly those considered as leaders and not laggers ... e.g. RSI).
Many TA tools are 'calling' for at the very least a short-term pullback(consolidation) from near here(for one example see my previous post here. Then we have your posting but also the attached chart... an A.P. Chart with attached RSI/SSTO. Last two days SP action has bumped up against the OT of our Bull A.P. and both these day's have two long-wicked candle patterns indicating a bit of selling. So, coming from that (AP)resistance I guess it would not surprise(me) to see some consolidation come in. Equally, as I pointed out in my last posting, the upside looks very much unfinished in the larger degree move. Hence, I agree, any pullback should be short-lived.
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Hi @manny100 ... couldn't agree more re: observation of...
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