in my previous post, i shared my primary bearish projection; in this one, i'll talk about my primary bullish projection.
---
i have shared this idea recently via:
---
my only problem is our indicator, and a few other factors. i've lowered the probability for this mid-term bull case to about 10%. raising the probability for my mid-term bear case to about 90%.
---
if this was to play out though, i'd be looking for a downward pivot around the same zone: between 4040~4120 >followed by a dip to that 3800ish range, >before seeing an expansion to anywhere between 4200~4300
---
ps. i forecast the long term bottom to be in near the middle\end of 2023 ps2. it will be a historical buying opportunity once this correction is completed. ps3. i'm not necessarily attached to either of these ideas, will play whatever the market gives; i just like to be ready for either outcome, just in case.