Monday 15 March 2021

Markets are Reaching a Dangerous Boundary

The markets are reaching a dangerous boundary (bear market warning?). As the major stock markets continue to rally, it appears that one key market is now reaching a 100 year resistance trendline. What could this mean for the stock markets based on chart analysis and elliott wave theory? Could we see a bear market after a possible "throw-over" chart pattern? Could there be an impact on bitcoin? We shall discuss. TA Video by Alessio Rastani.