It's A Bull Market Ya Know....
October 30, 2021
To me this looks like a 25-year base breakout longer-term, and a high and tight flag more short-term.
We like our flags high and tight, just like a military fade.
Go back to the greatest uptrends and bull markets of all-time. You'll find a lot of periods very similar to this one, where prices are digesting recent gains, before breaking out and resuming their uptrends.
That's what I think happens here.
And an upside resolution from this tight little pattern would confirm that.
You agree?
Disagree?
JC