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As more time passes we’re seeing more failures of classic crash patterns and more things consistent with a bottoming move. We’re now at what would be classically be a critical decision level. If bulls are strong into the end of this week and next week and close over 4100,many bear patterns have failed. ​ Read full write up here. A real failure of the bear market if this level breaks. (substack.com) via reddit https://ift.tt/l2bPZvC

Today we had a failure of the easy bull patterns and triggered the short re-entry. ​ This could just be a bear trap, as shown in the blue circle - but that would imply a hard down first. https://preview.redd.it/7h5chf566nia1.png?width=1218&format=png&auto=webp&v=enabled&s=5c4b763fcd491945b5e3853c7a27d91cb6e92041 Read work for this analysis here. ​ Thanks for reading Beat the bear.! Subscribe for free to receive new posts and support my work. ​ ​ Subscribed ​ ​ Read work for this analysis here. ​ What the market does around 3800 - 3900 is probably critical to the long-term trend. Major decisions will be made there. Reasonably good chance we get to there without getting over 4150 again at this point. Bears can re-position here and decide what to do if we get to 3950. ​ Will update upon the hitting of a critical level. via reddit https://ift.tt/AXvpzoT