Please have a look here. I just noticed some similarities which already happened in that crazy bull run we experience these days.
Everybody is massively covinced we entered bull market already. Is this true ? I assume no.
Reasons are pretty simple. There was no correction of current "unjustified" move.
Where is HL on long term chart? It wasn't drawn yet. I am...
I just keep wondering how low we can go. Yet I might not be right with my stance and bear period soon to be over?
So far most TA's are bullish and everybody is looking to get out of bear channel. What if we are not going so fast?
In any case, it motivated me to have a deeper look how things are drawn to us.
If we take a long term trend line into consideration,...