Cycles are signaling that we might have one more push to the downside and a strong one at that, but then even indicators are saying that will be the re-entry point. Note that RENKO has already given people the greenlight to re-enter, however other charts are saying there might be one final last push down before we can re-enter, but either way, re-entering right now is ok by RENKO's standards. I am thinking middle of July is better for re-entry, but you will see why in the video.
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