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How Far Down the Rabbit Hole We Go?

Not too far, but to some bulls this seems a bit too much. Sounds reasonable to me and from this point I will be looking to buy dips. I believe Bear season may be coming to a close for awhile.

My previous chart about the 'Drop' is what we are seeing now. The RSI got charged up and is now beginning to fall. this should setup what I was drawing attention to in that 4hr chart.

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