Hey all! Just wanted to take a minute to compare the last major Bear Market to our current bear market and give people an idea of when we might see a new ATH and what to expect over the next few years. History doesnt repeat itself but it sure does Rhyme! Enjoy
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Sorry about the chart comparison being compressed the way it is. probably because it was done on an ultra wide monitor. here is a link to the graphic itself
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interesting to see our current market play out. dont get sucked into bullishness just yet. we could still see a hefty retracement before continuing upward. breaking the 11,800 level with solid volume could propel us higher but its a big resistance level thats not likely to break just yet. we are ranging down and will need very big confirmation of anything higher than that
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Its fun to watch this chart from over a year ago and see how closely it is following. While the timeframe almost seems to be accelerated a little bit, the value levels are right on point. anybody who is denying whats to come is truly going to miss out on the opportunity of a lifetime.