20 replies to this topic

[andr99]

should start trending upwards for a new intermediate term bullish leg

[andr99]

before we should get lower

[andr99]

if we don't get lower before, it means the bullish trend is stronger than it was supposed to be.

[slupert]

[quote name="andr99" post="918128" timestamp="1724765950"]

should start trending upwards for a new intermediate term bullish leg[/quote

We already have a lower top wouldn't you at least have to have that top breached before there be any predictive value of an intermediate top.

[andr99]

what I have said is that after a brief two or three days' correction, they should launch the next bullish leg to new highs. Along the way there will be many intermediate tops, but the bull will be well alive at least till next March.

When we get there we see if it is over or not. 

[slupert]

Ok,so what do you see happening now would lead you to conclude all this?

[andr99]

all the patterns I have on my monitor, the patterns of the stocks I follow, of the indexes I follow and all of the rest, everything supported by the indicator I follow. 

It seems to me that you are waiting for a double top here, am I wrong ? I don't think it is the case. We will break upwards. 

[andr99]

....in my opinion, obviously, not saying i've got the truth.   

Edited by andr99, 28 August 2024 - 02:52 PM.

[andr99]

today or next Monday, we should start to rise  

[andr99]

as usual the beginning of the new month should mark the start of the new upwards trend, so it should be scheduled on next Monday