I theorize every cycle is more or less the same as structured by the 1.272 & 1.618 retracements. As you can see, every cycle seems to find a zone of accumulation between these two fibs. 2013's lasted 7 months, 2017 lasted 5 months, & so far this cycle has been 15 months. I believe what we're seeing here is merely a longer accumulation due to global economic teetering. Because of this, it could mean for a continuation of this accumulation zone for many more months. Speaking macro, I could see a low around 26k being put in but no further (see related ideas). For a high, I see a minimum of 140k; however, if these structures simply repeated as per 2.272 fib, you can see at least 207k should be reached.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.