Short

Bounce expected around 5700

This long term pattern isn't going to change until we either have a breakout, which there is no reason at all to believe we will have one, or we hit the completion of the triangle in August 2021. Further, this chart indicates we never left the bear market. The 14k pump had no rhyme or reason to it. It was great for allowing this pennant pattern to finally form and give us the data we needed to predict the real breakout, but thats about it. I expect the bounce to be in about 2 weeks. Wake me when we get there...

coryhughes

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