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Others' 3-day chart displays a beautiful coincidence: the MA 21 crosses the MA 55 exactly when the chart touches the base of the ascending trend channel, just as it did in June 2023.
On the other hand, I can't help but observe that the parallel lines perfectly connect key market points, defining an ascending trend channel. The chances of this being a natural behavior are zero. Essentially, the market was kept within these limits to prevent boredom during a prolonged, aggressive QT period. And QT is about to end.
Whats next? 🤔
☝️ Btw: ATH has not been reached yet.