Cruise Missiles

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There are a variety of sectors celebrating the “Covid is history” rally (cinemas, restaurants, and anything else where people congregate). One in particular is the cruise liners……….

slopechart CCL
slopechart NCLH
slopechart RCL

None of these look like bases that precede a marvelous new rally. These are all powerful (very powerful!) counter-trend bounces.