The Technical Traders’ Post

Name: The Technical Traders on LinkedIn: #financialfreedom #stocks #investment #trading #market #assetrevesting…
Uploaded: 2024-09-08T03:45:32.054Z
Channel: The Technical Traders
Description: Look at Big Picture Analysis Our Free Analysis - https://lnkd.in/gK48TVJf #FinancialFreedom #stocks #Investment #trading #market #assetrevesting #gold

The Technical Traders

1,535 followers

1mo

Look at Big Picture Analysis Our Free Analysis - https://lnkd.in/gK48TVJf #FinancialFreedom #stocks #Investment #trading #market #assetrevesting #gold

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Here let's let's go take a look over at again, I believe we're in this stage 3 topping phase big tech magnificent 7 AI, whatever you want to call it has been dragging the indexes to new highs, but the majority of stocks are still struggling and trying to get some traction here in the grand scheme of things. If we go and look at our big picture analysis as an investor, I put this blue box over here back this is 2021 early 2022, this type of market scenario in terms of the. Underlying technicals, momentum, all kinds of things is very similar to where we are right now where we're in this phase that it still might want to go higher, but it's definitely going to be a struggle here. You last time we got into this, we saw the stock market pullback 27%. It took 106 bars. This is the weekly chart. So over 2 years to recover. So no gains for two years and then finally just started moving up again. So again, this is what we avoid.

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