SUMMARY
When I see this chart, all I can say is..wow! Who's gonna be the bag holder? Look at wave 5. How sustainble do you think a 90 degree vertical price run will be? Can it go higher? You bet! But is it prudent to be buying at this stage or taking some MASSIVE profits?
Look at the MACD (red circle)...it's quite overbought and the projected decline is shown in red arrow. The subwaves of wave 5 seem quite complete (blue). The ABC correction is about to onset; though I don't know exactly when...but then again, nobody does.
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