"If the low simply forms at 60, then or even 58, then you you would have you would likely have a counter-trend rally, but it would only last a month or two, more than likely."
This prediction is awaiting verification.
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… So, I would guess that a low will form in the month of June. It certainly could be kind of like around mid-June or so and that doesn't mean you can't bounce before that. Maybe we Maybe we do, right? But I would say that like June would be the time that you would start to expect a low to form and then the next counter-trend rally. So, if if the low simply forms at 60, then or even 58, then you you would have you would likely have a counter-trend rally, but it would only last a month or two, more than likely. Um if we were to capitulate out like the 2019 comparison, right? I mean, if you if you go look at at and I know I'm not calling for a pandemic drop, but you can't deny there at least are some similarities between how it played out in 2019 and going into 2020 and how it's playing out now, if something like that were to happen, then I think it would …