This is just an idea of a "soft landing" for stocks. The level marked is technically the last gap that could close to the downside when it comes to this cycle. I'm still on the page of being all in at that level as I still am of the essence that a bottom has been reached for stocks. Of course all this can change the moment something breaks.
If this does play out it would be a reverse H&S pattern.
Exciting times to say the least. Good luck everyone, going to be a fun ride.
If this does play out it would be a reverse H&S pattern.
Exciting times to say the least. Good luck everyone, going to be a fun ride.