The unthinkable has probably started...
Note
No surprises here, up and to the rightNote
That was a great idea. Now is in a bear trend thoughNote
Arguably legendary...rocketshipNote
Diagonals are reversed to the start of the pattern within a shorter period than it took to form themNote
Apparently, a lot of people in the banking sector were surprised by the steady rise in interest rates as evidenced by the incompetents at SV Bank. Wasn't that very high probability base case scenario already in 2020?Note
This most likely consolidates/declines into July 2024 when the next 4 yr cycle low isDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.