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As I see it, the new Standard Deviation Channels (in red) are...

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    As I see it, the new Standard Deviation Channels (in red) are the allowable range and declining. If the Williams %R(52) reaches -20 and 0 and remains firmly in that range (bullish) and the upper range of the channels is broken substantially, then we can expect a (continuing) bull market. At this point in time I remain bearish and therefore, for me, the resting place is lower. For me, the resting place is at the lower part of the new Standard Deviation Chanels and Tirone Levels (230). This is not a prediction, it's just my charting perspective. Ultimately, Mr Market calls the shots. GLTA.

    https://hotcopper.com.au/data/attachments/3273/3273949-bdf0a9c095fab69a9f58515097bc1b5a.jpg






 
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