- There is a large cone in weekly since Mar09.
- Market rarely stays in these big picture cone until the last week and the cone is already narrow (5%).
- We could have a repeat of the early 2010 sequence with an exit out of the cone, enabling a breather and a rally back to apex from below the cone (with more energy)
- the fractal is bigger here in points, the subsequent rally could last 6months instead of 3months and the rally would be 20% instead of 15%.
- Market rarely stays in these big picture cone until the last week and the cone is already narrow (5%).
- We could have a repeat of the early 2010 sequence with an exit out of the cone, enabling a breather and a rally back to apex from below the cone (with more energy)
- the fractal is bigger here in points, the subsequent rally could last 6months instead of 3months and the rally would be 20% instead of 15%.
