Weekly chart analysis predicting 20% pullback, discusses oscillator patterns and historical evidence.

little bit nervous on the weekly chart pacifically all right pacifically Atlantic Lee Arctic Ocean Lee when we look at the weekly time frame you can see here that the yellow oscillator is coming down towards the zero line or as we as we say in español el leané de sero and when that happens and this yellow line crosses the zero line that will trigger the first big pullback since our bottom in June at least a 20% pullback is my prediction on this is based on historic evidence you go back yourself and see what happens when the weekly prints a red dot on the market site for be even in the most bullish of bull trends we get some serious downside you know what I'm saying we could go all the way back to COVID-19 you know and even there the red dots on the weekly even in the in the midst of the most bullish bull trend in the world we're coming down 15% we're coming down right here 20% you know even here this red dot here right on the weekly time frame in the middle of a massive bull run it happened in around November around Thanksgiving time we come down about 12% doesn't look like much