Not really a fractal but a general comparison for a potential outcome to this pump. Fractals alone are dangerous to trade off. As recently as our local bottom, there was a fractal that did not play out.
Regardless of the validity of ETF hype (personally very skeptical), I think it's reasonable to expect a retrace to coil for another pump to test the 200 MA using the ETF as psychological fuel. From that point, we could fade out in a rising wedge or blast off if the ETF news is positive.
Regardless of the validity of ETF hype (personally very skeptical), I think it's reasonable to expect a retrace to coil for another pump to test the 200 MA using the ETF as psychological fuel. From that point, we could fade out in a rising wedge or blast off if the ETF news is positive.