Really like this video where you look at both corrections in 2013 and comparing them to today's situation! Thanks, Steve. Too many people neglect to look at the first drop in 2013. I had hopes that the latter scenario may be playing out instead of the dreaded long drawn-out bear market following December 2013. But you're right, the first drop seems "too friendly" compared to today, given that back then we hardly got below the 200 Day MA. Well, let's still hope that we get a "friendlier" scenario than 2014 for these two given reasons:
- the much more drastic and faster price rise in winter 2013 compared to 2017
- the much faster moving downward trend we have today compared to then - so maybe this bear market could actually be shorter?