Not really, today decides that. Try re-drawing the trend line in log chart.
jdub6810
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IMO powell created a blowoff top in equities. the moment he made a dovish comment, equities rallied hard, the dollar plunged hard, & UVXY went from 5 to 4.50 in an hour. Since that afternoon its been a bullish move up on UVXY even with the VIX stuck at 18. Next week is key, if the blow off top is valid next week should be a trainwreck for equities.