Volatility Reports January 25, 2023 (Video)
January 24, 2023
January 24, 2023
Anticipated changes can be more forceful than events happening out of nowhere.
The chart above shows the correction that happened when the last so-called “budget crisis” happened. The pattern is similar to the 2022 sell-off and the second half recovery into a double top the 12/1/22 and 12/13/22 tops. If a valid fractal, the decline that is forthcoming will be a waterfall…
…but as experienced traders you know to expect something similar but different based on the rule of alternations. So what could be different? 2009 just finished a 3-year bear and put a cap on the WFC. Two years later we were bullish but could it be that this time it’s really bearish not leading to recovery after the mini panic on 10/4/11?
Here is the update on the year-end video pointing out how the cycles are hitting and what to expect coming out of the 1/24/23 time window.
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