Sorry for all of the trend lines, but focus on the pink ellipses and the path arrow. It has the makings of the same pattern as last rally. So bearish, I know. I just can't help it. At least I was right about today's rally to close the gap. Maybe I should be a bull, seems easier (just assume up).
In case you want to know where I get all of those trend lines from.
In case you want to know where I get all of those trend lines from.
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FYI, that peak also lands right at the 12,000 level, which has been a major S/R line.
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It is also a 0.618 fib retrace level
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Chugging right along
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Kind of a let down.
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Remember this ugly chart.
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I guess we will find out tomorrow.
