The trading recently (a year) has been very volatile - one moment looks like sustained rally, the next looks like a sustained fall. So looked through books and online charts.
could be we are forming an ending diagonal
So, the fall in December 2018 could have been the end of the larger 4th wave, and now we are in some "ending diagonal" full of 3 wave moves. This doesn't look complete - which allows for a new high - which also ties in with the lower rates scenario and this in turn, will mean a shift in assets to "risk" - for the wrong reasons - so the latecomers to the 10 years plus bull market.
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