THE BIG DIP! Crash Prediction made using bear trend line, ribbon
Here's a wild thought: I don't think we're out of the bear woods just yet ... that would be too easy. I think in feb we had room to play with, but we are encroaching ever closer to this bear trend line. When I scaled back the chart timeline, I saw that it makes sense to dip towards the 2500 mark or even lower. The monthly for March will come in and it will be red and a big sell sign dropping us to this mark early April and giving us the momentum to buy up and build from there with confidence to collectively run with the bulls May-ish onwards.
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