History repeating itself - Any comments ??

if we look back October - December 2016, we will notice similar downtrend of 10 weeks period and it shows similar slow bearish trend.
if we follow same strategy of timeline, we can expect to go down around 80-120 before it goes back up.
Finger crossed.

Since some are looking close eye to Aug 1, so hope any good news changes this downtrend but i am not fan of such speculations.

Please share your thoughts.