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Let me be more visual with this statement on 8/19/2020 that I made. lockout rally in 2017-2018 on the left. See the character change? Now look at the on the current daily and compare.
#CharacterChange #Psychology
#CharacterChange #Psychology
Here. I drew the frozen rope to drive the point home. No predicting here. Just something to visualize and step back and look around. Price action should always confirm the secondary indicators that have been flashing euphoria for quite some time now.
Also recall, that if using the 1999-2000 analog, we had several corrections along the way from 1357 to 5132 on the . Bear this in mind. Intermediate corrections (if we get one) are healthy in a roaring bull market.
