2018 redux

5 ביולי 2022

Keep seeing 2018 weekly candles everytime I look at the current weekly chart. Very similar setup. 28k acted as the 6k level, a level that didn't break for over a year in time. Then we got the large flush in two weeks now we're just chopping around with everyone in an anxious state. I think another dip below the current low could set up a max fear/bearphoria situation that would be needed to trap sellers for a longer time frame bottom.