Especially bc of the timeframe and data available, that is why it is more visible with later years... This is 4D Point & Figure look... first green line of X’s is the post-2000 bubble run, then the second longer run of green X’s is post-2008 crash... we can see on this look a clear ascending broadening wedge... this seems to be the most bullish look that I’ve found/been following for a bit... this would mean a final retracement of lower rising trending line, so hitting third valley around 2500 or so, then rebounding back towards top around 4500 (maybe higher), then final retracement to confirm upper trend line as support before shooting ~1500 higher (PT = ~5400)... this could all happen very quickly... as in, they may not even pay bears for weekly puts on drop for third valley -- although that would be major workkk by MMs to accelerate price action that fast... may take 2 weeks to drop (painful Monday/Tuesday and then quick fake recovery on Thursday/Friday to squeeze puts, then again the next week?) and then likely less than a year for next run up to 4500, and things could get intense... volatility could be going through the roof (especially considering the explosive popularity with trading and accessibility) and making these brokerages go nuts, upping margin requirements, etc.
WHICH TICKERS WILL DOMINATE 2021-22???
WILL AAPL STILL MAINTAIN "MARKET LEADERSHIP"? TSLA? MJ?
GLTA.
*I was going to keep this look private, but it's not like others won't be posting, and popular, bullish ideas typically are self-feeding by nature, so sharing this should only help encourage folks to recognize and support this idea. Remember, the market moves strongly against primary trend when most are NOT expecting, and typically consolidate/distribute/"drag out" when folks are expecting expedited price action... regardless, bears (and some billionaires) are probably hoping for this trend to break down and to see lower prices, but I'm thinking that market follows this bullish pattern and we are actually (finally) entering the next era of life on Earth. As crazy as that sounds, it seems AI, VR/AR, 5G, etc. is now about to officially take over! Cyberpunk 2077 for real???
WHICH TICKERS WILL DOMINATE 2021-22???
WILL AAPL STILL MAINTAIN "MARKET LEADERSHIP"? TSLA? MJ?
GLTA.
*I was going to keep this look private, but it's not like others won't be posting, and popular, bullish ideas typically are self-feeding by nature, so sharing this should only help encourage folks to recognize and support this idea. Remember, the market moves strongly against primary trend when most are NOT expecting, and typically consolidate/distribute/"drag out" when folks are expecting expedited price action... regardless, bears (and some billionaires) are probably hoping for this trend to break down and to see lower prices, but I'm thinking that market follows this bullish pattern and we are actually (finally) entering the next era of life on Earth. As crazy as that sounds, it seems AI, VR/AR, 5G, etc. is now about to officially take over! Cyberpunk 2077 for real???