A September 2021 fractal has very similar characteristics that of our current capitulation based on fibs. If this plays out similarly, we're looking at dropping to 34k-37k for a week or two before making a run up to about 100k.
March was likely the month to play out bearish anyways, so look for a bottoming signal coming in within a couple weeks.
See related ideas on why 250k is entirely backtested, possible, and actually likely.
March was likely the month to play out bearish anyways, so look for a bottoming signal coming in within a couple weeks.
See related ideas on why 250k is entirely backtested, possible, and actually likely.
