It was pointed out to me that zooming out to the weekly chart it looks like a giant wedge. I truly hope this theory is wrong but it needs to be said, imo.
It took from late 2013 till late 2017 to see the next high. Why would we be already on the retraction (in a bull market) after the first green wave? In this scenario the true green wave would only come some were mid 2023 and we will drop till 4.5 by the end of the year.
Please comment on why this theory is wrong... or not.
( *_• )
It took from late 2013 till late 2017 to see the next high. Why would we be already on the retraction (in a bull market) after the first green wave? In this scenario the true green wave would only come some were mid 2023 and we will drop till 4.5 by the end of the year.
Please comment on why this theory is wrong... or not.
( *_• )
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