Good Evening!
This analysis is super fun... it feels so good to exercise the spatial aptitude part of the brain!
We may have just had a less obvious bounce off of the foreground support vectors, which could correlate to the yellow projection. This is a nice projection to view from this time frame... keep in mind there are projections at every time frame nested within each other, all competing for influence.
The red projection is what a correction from this point could look like. It seems that with the perpetually over inflated market bubbles, the threat of a large correction is real, and the probability literally grows with time. the probability may even be growing at an exponential factor of time, due to the inflationary actions like stimulus and zero interest.
Check it out on a smaller time frame. You should be able to zoom around on the chart above too.
Good Luck!
This analysis is super fun... it feels so good to exercise the spatial aptitude part of the brain!
We may have just had a less obvious bounce off of the foreground support vectors, which could correlate to the yellow projection. This is a nice projection to view from this time frame... keep in mind there are projections at every time frame nested within each other, all competing for influence.
The red projection is what a correction from this point could look like. It seems that with the perpetually over inflated market bubbles, the threat of a large correction is real, and the probability literally grows with time. the probability may even be growing at an exponential factor of time, due to the inflationary actions like stimulus and zero interest.
Check it out on a smaller time frame. You should be able to zoom around on the chart above too.
Good Luck!