Re: There is an epic shakeout coming this year before the giga-spike.
well, market sometimes retests, but it certainly looks similar to 2013.
However, in 2013, markets recovered completely in 9-10 days.
We shall see what happens here.
However, in 2013, markets recovered completely in 9-10 days.
We shall see what happens here.
This cycle is about 6 times longer than the previous cycle. So if it took 10 days in 2013, it would take up to two months in 2016. If history repeats though, we'd see an epic rise after that
epic rise in september ... lines up with some other cycles out there that I've seen also.
And you'll continue to see them indefinitly. Our dear crowd can't stop throwing its money away.
Anyway, I am not sure that's enough of a shake out for market makers, I didn't even noticed it ...
I would rather bet on a long and very boring consolidation, or a better shake out
