Applying the pattern from 2017-2019 to the current rally matches perfectly with the channel we are trading in. Its too much of a coincidence. September/October should be the tell if this is truly where we are heading.
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Could see a bounce back up to 340ish then back down to 310.
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interesting to see if this plays out. I would say we do see 327 but whether that breaks, i dont know.
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Here we are boys and girls, next week is the tell all.
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Moment of truth