Great chart. To me it looks very strong powerful to the up side.
In 2007..2008 there was the similar chart but in reverse. At that time I had one million dollars invested in the markets. 60 % was margin loans. My understanding of the power of a head and shoulders pattern saved me from bankruptcy.
Unfortunately for many investors or traders they didn't understand the power of such a pattern. They prefered to follow fundamental analysis. Some companies were paying 8% dividends and in no time went into bank ruptcy.
Fundamental analysis combined with Technical analysis to me is the way to go.
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