Look at the RSI levels of the last one and a half months and compare it with the RSI levels in the summer months. The volume levels except for today are much lower then in the summer months. Also during the summer the overall fibonacci was very bearish last two weeks I saw bullish signs.
In the summer a rally on no news, now we see good financing news and by insiders. This rally will be different from the summer rally IMO.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.