its obvious that weve seen higher prices in equity since oct. 2022. im just highlighting similarities here:
comparing this to the broader trend you can see the only difference between now and other weekly lows and highs in the cycle is weve created a higher low or rising bottom trend line. the top trend lines are still facing down. its not impossible that we see another big drop unfortunately. i am still leaning bull however.
comparing this to the broader trend you can see the only difference between now and other weekly lows and highs in the cycle is weve created a higher low or rising bottom trend line. the top trend lines are still facing down. its not impossible that we see another big drop unfortunately. i am still leaning bull however.
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