This is how I think the market is going to play out for the a few coming months , but notice that this is only the real big picture of the market and not suitable for short term plans/trades.
My short term analysis can be found here , not recommended to moon and lambo boys with soft hearts.
My short term analysis can be found here , not recommended to moon and lambo boys with soft hearts.
I'm glad to see you came around to the bull side. You seemed really bearish a week ago.
In conventional terms this bounce off $7,700 would be seen as a shorting opportunity, but old hands know the bottom may already be in. In terms of momentum, volume, and sentiment I see lots of parallels to the July 2013 bottom.