Looking at Timeframes of Prev Market Cycles we seem to following the old adage "Fred Savage" ,
You may have thought I was going to say something about History Repeating itself based on the almost mirror image of Market Cycles, but When I said "Savage" , I'm starting to hear the screams and see the carnage.
I've been trying to figure out why upon that weekly closing bullish candle we are unable to set a higher high, which is still in play, however, I like to really Zoom out and approach the market as a whole.
I'm currently scratching my head and starting to wonder if we've already been to the top of the Mountain. Only a thought, an open thought, Without conclusions.
Let me know what you think in the comments
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git some
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.