Did you know this market geometry/symmetry:
When a (strong) trendline is broken, the market will fall equal distance or more from the trendline as from the peak to the breakpoint.
If google breaks (or has it?) it could fall another 20% and meet the long term trendline, if doesnt then the recent breakpoint would
become resistance
When a (strong) trendline is broken, the market will fall equal distance or more from the trendline as from the peak to the breakpoint.
If google breaks (or has it?) it could fall another 20% and meet the long term trendline, if doesnt then the recent breakpoint would
become resistance
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