Ran the last resistance levels. Now up to our optimal level for a short and also a level where I think if it fails bear plans are best shelved and not considered again until at least 4240 (And probably something more like 4400).
If we do see a rejection at this level, strong downtrend probable.
If the average time for a bear market rally transitioning into a bear leg ratio holds true to what it's been through 2022, we'd typically be looking at a seriously strong sell-off month approaching.
Typically we've seen bear market rallies fail in 1/3 (Or less) of the time they took to form. We'd be 3 months into a huge BMR is that was the case. One massive month may take us back to the lows (And under the lows there's a real chance we see real panic hit the market).
Read more That should be final spike if this is a bear (substack.com)
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