Although I don’t know about the precise numbers, this would be a max pain scenario. Everybody and their mother apes into what they claim as the 4 year low…. only to quickly run it up and grab liquidity near 100 before a more drawn out bear market in ‘27…. Wouldn’t that councide nicely with a market peak into midterms / late year before a big rug pull? Symmetry in charts is often important.
@MatthewHyland_ Makes sense to finish 5 wave down, and aligns with an ABC correction in the market before it pushes to new highs before the bigger August drawdown assuming daily cycle doesnt fail here on spy.
@david_eng_mba And my guess is this will accelerate when interest rates begin to come down and stable coins will offer more yield? My issue is they are not decentralized like btc…
@ShawnDexta After all, Stan Weinstein’s rule for stock selection is that a stock must display superior relative strength (RS) against the broader market index before you buy it. This is what you are doing, and it works :)