Some interesting similarities can be found when comparing the 2015 bear market to the bear market we are in right now.
The following similarities can be found:
- An upside breakout of the pennant pattern
- Adam and Eve bottom
- Relatively similar volume ratios between the all-time low and the current bullish trend we are in
- First serious upside break of the 100 day MA
Assuming we are roughly at a similar place in time, another wave down towards the past December low can be expected.
The following similarities can be found:
- An upside breakout of the pennant pattern
- Adam and Eve bottom
- Relatively similar volume ratios between the all-time low and the current bullish trend we are in
- First serious upside break of the 100 day MA
Assuming we are roughly at a similar place in time, another wave down towards the past December low can be expected.
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