It tends to get slightly volatile in that region because you have many late shorters and many early longers battling it out. I like what I see from a fractal based on 2021.
According to that analysis, it appears (if it follows the fractal), that
In this example, the piece of the fractal I use to analyze the "chop drop" leads to a bear market in 2022 - I don't believe we enter that long of a boring/flat consolidation in 2026 though.
Once QE fully kicks in from the fed, it is likely we could see some beautiful upwards momentum, but we have a long year ahead, I do think its likely these could be the lows though!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.