%%I'm no Guru but don't we seem due for a messy "fake" recovery period after the first leg down? I've seen this on a lot of old charts of busted parabolas, bear markets ..........
AS long as you ignore the psycho babble on that chart\LOL\
+ put 200dma+ sometimes 50 period dma on it.
OCT is so wild, good thing i scaled out of my longs, but not all of them.
And about the dumbest joke i ever read was in a good book / The RULE, by Larry Mint Hite. He told a joke about someone that never won the lotto, but prayed + never got in. And have to be in lotto to win, was the joke. Then he disclosed in fine print not a good idea to play lotto; but do have to be in to win/ in capital markets[Edit not that markets are gambling, but have to be in to win,, in OCT]