Mind The Melt-Up Wedge: You’re The Squeezee!

Sorry to say, but it’s always like that when they go on the rally wagon and fading it is always difficult. May I remind everyone: The previous new highs peaked at 3%-3.5% above the previous highs before we saw sizable pullbacks or outright carnage:

 

 

 

 

 

 

 

 

 

https://northmantrader.com/2019/11/11/state-of-affairs/