After a LONG LONG LONG bear market, the time is now to share with you some positive news!
You can hear everywhere the US recession and Im agree with that (too much money has been created since the COVID). So, I expect about a correction during the next months, probably before spring 2024, but it will not a "death" correction until you hit the bottom of the abyss.. it would be probably something like in 2020, March (hard and fast correction)...
BUT
The trend show us that we probably started a new BULLISH Trend! Is that true?!
Lets see one of my favorite indicator : MA 50 and 200 timeframe 3 days (Usually I use 4 : RSI, Fibonacci, Hash Ribbon timeframe Weekly and MA 50 and 200 timeframe 3 days).
I noticed a new GOLDEN CROSS that appeared very recently... Each time we get this Golden Cross, we has started a great bullish trend. And for more conviction, I'm waiting for a new higher high.