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RE: Market Patterns Signal Something Is Up
A lot of people are still shorting today was the first down signal, usually not the reversal. If the banks pick up steem ;) then we are going back to highs faster. Market have every catalyst to fail and held and ripped up, higher we go...for now.
The summer top will coincide with metals breaking up and dollar crashing, current theory.
It's still early to call anything. I'm thinking the volatility is going to pick up as the new direct starts to take hold then the bear market starting sometime around the 3rd quarter. With all the manipulation it's really tough to make cause and effect type of calls.