Bullish vs Bearish scenarios

As from now I decided to systematically publish both my bearish and bullish point of view.

Bullish scenario

Bearish scenario

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For those who believe that the golden cross (MA50 vs MA200) is buy signal, here is what happened in 2015:

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Bullish scenario:

Bearish scenario:

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The rally may be over, or maybe not.

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For updates, please check the most recent posts.