NASDAQ with 2008 timeline overlayed 7/20/2022

Analyzing current market environment against 2008 timeline, seems this market can continue to push higher, will be carefully watching 12,555 for a 30m vPOC rejection (prior high test and reversal. We have currently retraced 13% from recent lows, Ethereum staged a 64% bounce (crypto and semis strong), can continue to push until the end of the week if we are able to break above 12,555 and hold, short term indicators are screaming overbought but bear market rallies can rip your face off. See previous posts for examples.