Where we are long term
Looking at the long term picture (last 2 years), you can see the following:
- every major peak was 31-34 weeks apart from another one
- after a peak, a correction took place. It was 21-26 weeks long
- after this correction, upward trend resumed for another 7-12 weeks
Right now we're 12 weeks after last major top. This means we still have ~8-10 weeks of downtrend or sideways movement, and after that - to the moon! :).
- every major peak was 31-34 weeks apart from another one
- after a peak, a correction took place. It was 21-26 weeks long
- after this correction, upward trend resumed for another 7-12 weeks
Right now we're 12 weeks after last major top. This means we still have ~8-10 weeks of downtrend or sideways movement, and after that - to the moon! :).
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