I've lived through the past bull runs of 2013 and 2017, and TBH, even having the experience of 2013 behind me, the bull run of 2017 still disappointed me. Because I believed way to hard that "this time is different".

But it wasn't different. In both 2013 and 2017 cases there was a blow off top, and bounce to a lower level top, and then finally months later, a high-volume capitulation.

So what do I see when I look at the current 2021 chart? A blow off top, and a bounce that we are currently in, that looks like a lower top forming. I still don't see a high-volume capitulation.

Will a capitulation happen this time, or will we just blow past that? I don't really know, I can't say. But something inside tells me it's possible that this time is no different than any of the others.

Just my 2c.