Just an idea. Not sayin' this is goin' down; maybe we already saw ATH today on 7/15. But, maybe a brief pullback to lower channel TL culminating on 7/23 will provoke a feeding frenzy coupled with FOMC rate cut to push the darn thing to 30K. Could easily rise another 6-8% in euphoria and carefree complacency that prevails atm.
If this plays out the subsequent selloff will be spectacular- at least 10k pips. Probably gonna see a day when it tanks off 2k in one session later this year or early next.
FGS trade carefully or just stay out and marvel at the insanity! I marked this idea as 'long' but I'm not betting on it just yet.
See if we get a sell to entry for the fifth of fifth of fifth of... whatever wave this is now. GLTA!