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Independent Analyst
Below is 35 years of price history for the S&P.
Stocks go through periods of bullish and bearish trends.
The consolidation and then release of fractal energy results in a trending move.
Fractal energy consolidates as it declines towards the red line (upper indicator). A bullish crossover on the upper indicator signals a release of the fractal energy.
The release of fractal energy results in a trending move. The move could be bullish or bearish.
The last two failed yearly cycles ushered in devastating bear markets, the Dot Com Bear and the Financial Crisis Bear. Those bear markets were characterized by a release of fractal energy that was accompanied by a bearish zero line crossover on the monthly True Strength Indicator.
The bullish trending moves were characterized by a release of fractal energy that was accompanied by a bullish zero line crossover on the monthly True Strength Indicator.
While we are still waiting on a bullish crossover on the upper indicator, there now is a bullish zero line crossover on the monthly True Strength Indicator.
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