A few possible scenario's of what could play out...This is...

A few possible scenario's of what could play out...

This is comparing now to 1931-1933.

Would love to see option 1, a break of the downtrend line here, but suspect we may need some more consolidation. This is the very bullish scenario similar to '33 events, with monster advance.

Option 2 is bumping against the downtrend line, down to our November lows, before once again heading north.

Option 3, probably my preferred scenario. We head up further making a perfect neckline, before heading lower, forming a beautiful inverted head and shoulders.