I have seen this solid pattern too many times

来源: 2020-12-18 14:06:28 [旧帖] [给我悄悄话] 本文已被阅读:

In an uptrend,  new high with excessive bullish sentiment, then modest pull back, then rises to previous high level and all bullish sentiment is gone, then followed by huge rally. 

This is precisely what happened in the past two weeks, this pattern together with the favorable seasonality is a solid buy set up, you should be aggresively on the long side, not just long.