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So far so good on this.
Many people been saying "YoU bEeN CaLlIng tHe BoTtOM eVeRy DaY"...
That's not what this is about.
It's about the bottoming process/area based around certain data points, mainly, the death cross.
The whole point is that over the last 14 years the death cross has signalled at least a local bottom, with a following 45% minimum rally after.
I wasn't trying to say the bottom was in, I am trying to show the bottoming process...
Which is why I have been saying "if it is not in today, it very likely will be in within 6 days" etc.
This is because the longest period of time between death cross and bottom has been 8 days... but this was whilst the price was ranging in 2018.
We've now had the death cross, but this time price has been puking before hand.
We have a really high chance of putting in a decent rally within the next week, maximum.
It is impossible to time the bottom or top, but we can get close by using certain metrics.
This is more of a case study to follow this process and see what happens during this bottom window.
Right now, its on course nicely.