Notice that every time in the last 5Y we broke below this line, stocks plummeted.
Only options left are... 1. BULLGASM to stay above this line for a bit longer before crashing 2. Start crashing soon
3300 is a good place to pull back to before charging for new ATHs, that is most likely bounce for next downturn right now but 3180 and 3k aren't too far behind, depends on how things shape up.
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This takes us to mid-December...
If we break up then longing through Xmas should be good, if we break under sht gon get ugly...
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Still barely hanging on!
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Almost there! Just extended and widened the pennant...
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Successfully broke under the blue line and exactly failed a retest, should be more downside now if pattern hold...
@ProfitHarvest, I did not know that TV had that chart. Got me looking around and I found the 200day version. I am not sure if my standard analysis and indicators work on these kinds of charts, but if so, then we could see a bubble all the way until Febuary.