Important post today as I’ve made some changes to the long-term (solid purple) and long-term low (solid red) trendlines . I will attach a D1 chart to show an overview but I believe it’s much more accurate than the prior placement. The original line is still displayed to retain the 3/20 prediction per yesterday’s post.

Please note that this doesn’t mean the prior trendlines were inaccurate, just not in the right location for what I’m labeling them as. Also, these labels are meant to be temporary until an actual cycle develops; eventually I believe the long-term trendline will act as the cycle average and low will act as cycle low (not extreme), similar to the prior ‘run’.

Overall it’s good to see another big push for the market as we flip 2750 resistance; highs are currently around 2800-2850 critical with closes remaining under 2800 (long-term low). Expect price action to carry along this path until the intersection occurs, after which we could see a push to long-term triangular resistance (solid green) or a dip back to 2750.