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Here we see the correction from the highs in September/October.
What does the chart show us? Well, we have a bullish wedge being formed similar to February correction.
Where does this lead us???
I think the larger correction is in the works, perhaps we make the larger right shoulder and then a recession hits.
Bitcoin is making similar fractals and pumped almost $1000 from the lows.
If bear market is going to continue good place to build a short.
If bull market to follow, then pull back is due for accumulation.
Time shall tell.
Markets still overbought. Lots of uncertainty still looming. Last few days of pumping was probably distribution. Our flagship Apple is crashing, Markets will follow. Based on Fractal analysis, I think we see a double bottom at the minimum from the February Lows.SP:SPX