ONE OF THE THREE PREMISES ON WHICH THE TECHNICAL APPROACHE IS BASED, HISTORY REPEATS ITSELF, THIS ANCHORE DEPENDS ON THE STUDY OF HUMAN PSYCHOLOGY HICH TENDS NOT TO CHANGE, AND THE CHART PATTERNS WHICH WORKED WELL OVER THE PAST YEARS, IT IS ASSUMED THT THEY CONTINUE TO WORK WELL IN THE FUTURE
ACCORDING TO THIS PREMISE, THE DOW JONES WILL MAKE A NEW ALL TIME HIGH AS SHOWN IN GRAPH 1, THAT THE V BOTTOM WHICH REVEAL THE BULLISH PSYCHOLOGY OF THE MARKET HAS BEEN REPEATED MANY TIMES, AND EVRY TIME RECORD HIGH WAS IN PLACE
BUT U SHOULD ANTICIPATE THAT THE SELLERS AT KEY RESISTNCE ARE LURKING UNDER BED😅😉
