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On the contrary, that chart could also indicate a long consolidation after the huge run-up from Jan 2016 to Jan 2018...hardly the sign of impending doom. In fact, it could just as easily be the calm before the next leg up.
That shooting star is in a weird spot for it to be a sign that an extended downturn is on the horizon.
Last edited by PaceAdvantage; 08-21-2019 at 08:52 PM.
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