Will history repeat itself again? Drop to the line?
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I'm not a financial advisor, take anything said with a grain of salt. I just like looking at charts and spotting any kind of patterns I notice. This looks very similar to the previous bear market where it went under the line, then went sideways for a bit, then had a steep drop! When it dropped, it dropped hard and fast to the line again, then proceeded to run sideways for a bit before going up again. What goes up, must come down, be safe out there!