Long

⛳️ POLE TRAGET FOR THE NASDAQ

Market Phases and Historical Comparisons:

The chart outlines two main type of moves, labeled "Dips" and "Legs" suggesting a comparison between a past post bear market period and the current market situation.
There are colored boxes representing different market movements: declines (in red) and upward movements (in green), referred to as "Legs" and "Dips."

Historical Bear Market Decline Data:

The table is shows historical bear market declines from 1901 to the present, indicating the index (Dow or Nasdaq), the percentage of the decline, and corresponding recovery phases.
The average decline is noted as 38% for the Nasdaq during bear markets.
The average 1st Leg is 63% (current 43%)
The agerage 1st Dip is -15% (current -13%)
👉 Next potential target for Leg 2 is 29% or 16212, about the old ATH
👉 Rebounding dip afterward is expected to be around -17%

These are just historical precedents and guardrails to help us navigage the marekts.

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TintinTrading

👉 I provide FREE EDUCATION + COURSES here: tintintrading.substack.com/

👉 I share my TRADING everyday here: discord.gg/gTmcqWyWWe

👉 I sell premium indicators here: tradingviewindicators.net

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