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Pastimes : The Philosophical Porch
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To: Rarebird who wrote (25819)5/21/2025 8:53:40 AM
From: Real Man  Read Replies (1) of 26251
 
Yes. It’s the chart from the video. Yearly 5 MA is support we bounced from in April. The resistance is the upper channel. In secular bear markets can drop all the way to lower line. He thinks we keep going higher until the end of this decade because mid decade highs don’t normally happen. However, if one is dumb and just reads the chart as it is, we hit resistance. A breakout will mean bubble territory.
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