Another leg down?
Previous Bear Markets had an average of 85% correction.
Breaking down 10 year support.
So far, from the top peak of the most recent bull market,
we are currently only down 70% indicating we have more downside
If the next leg down is the bottom (50%),
it should be in accumulation phase for a little while.
SLOW STOCHASTIC
1. Indicator shows us that we're not
too far away from the bottom.
2. Indicator shows we are in an OVER-SOLD
area which implies that were in safe zone to start to DCA
3. We're in line for a bullish divergence
4. Two lines crossing could indicate the bottom.
Breaking down 10 year support.
So far, from the top peak of the most recent bull market,
we are currently only down 70% indicating we have more downside
If the next leg down is the bottom (50%),
it should be in accumulation phase for a little while.
SLOW STOCHASTIC
1. Indicator shows us that we're not
too far away from the bottom.
2. Indicator shows we are in an OVER-SOLD
area which implies that were in safe zone to start to DCA
3. We're in line for a bullish divergence
4. Two lines crossing could indicate the bottom.
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