RhinoI guess in theory prices should make a slight new high if...

Rhino

I guess in theory prices should make a slight new high if cal day counts match etc but time is more important and it is always possible to find one index somewhere that made a new high while some made lower highs.

Prices did get oversold enough with my 5 period daily RSI getting right down to near 20 but not breaking it. That means oversold but no trend change. Likewise DMI crossed but price on subsequent bars didn't exceed price, so a typical pullback in a bull market.

Of course that works until it doesn't because time is up.

Sure this could continue up forever but seeing both Laundry and Ferrera wrong together when IMO they have been the ones getting it right all year is unlikely.

Of course we never fight the market , just wait for confirmations.