i only see 3 outcomes.
1) my timing is off and then the likely hood of the other 2 possible scenarios could playout
2) we crash and begin to recover 1-3yrs
3) we trade sideways for 10-20yrs
time frame for recovery is more of an expression to the two possible scenarios... at the end of the day... that yellow line will have to ground price action one way or the other. is it possible to continue to run higher?
yes, absolutely but the greater the distance is between price action and the yellow line only invites higher risk to your long term reward.
1) my timing is off and then the likely hood of the other 2 possible scenarios could playout
2) we crash and begin to recover 1-3yrs
3) we trade sideways for 10-20yrs
time frame for recovery is more of an expression to the two possible scenarios... at the end of the day... that yellow line will have to ground price action one way or the other. is it possible to continue to run higher?
yes, absolutely but the greater the distance is between price action and the yellow line only invites higher risk to your long term reward.