9 Comments

  1. james you talk about a possible outbreak on the upside from the channel, but if we are in a bearmarket and i think we agree we are.Than i think it is more likely that we are breaking the channel at the downside, otherwise is also the normaly sideways action for a longer time what is common after ending a bearmarket not valid in the case of a upside break?

  2. In my view, this could definitely be a bottom if we retest the linear .618 and find support, putting in a higher low on the 4-Hour. When you look at the entire bear Market of 2019 after the trend high, it looks like a falling wedge which is reaching the end. Could break polish, could represent a bottom, we could put in another Trend High. Either way, I hope you speculated a little on the dip down to 6800. 🙂

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