Normal
I suspect you're right.Momentum is to the downside but I don't expect an actual crash simply because far too many people are calling for one. Everyone from regular commentators on YouTube through to mainstream non-financial newspapers are trying to call it and that's not what tends to happen at a real market top. Too many bears around in the mainstream calling for the end of life as we know it etc.My guess - down to the support zone, then we get a decent rally that'll reassure everyone that everything's fine, nothing to worry about, all those warnings were just the merchants of doom. Once everyone's convinced of that, the actual top will be imminent.Just my
I suspect you're right.
Momentum is to the downside but I don't expect an actual crash simply because far too many people are calling for one. Everyone from regular commentators on YouTube through to mainstream non-financial newspapers are trying to call it and that's not what tends to happen at a real market top. Too many bears around in the mainstream calling for the end of life as we know it etc.
My guess - down to the support zone, then we get a decent rally that'll reassure everyone that everything's fine, nothing to worry about, all those warnings were just the merchants of doom. Once everyone's convinced of that, the actual top will be imminent.
Just my
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