SMC Update 8-2-21

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nimishtrading263
nimishtrading263

Thank you, Peter, for calling the bull trend since July 2020! That's stuck in mind but I wished I had known about SMC long before that because it would have done wonders for my trades! Now to focus on direction, since April 2021 we have re-entered the multi-month channel which was created between 2003 and 2008 on the log chart for DJIA. One possibility is that we remain in there for at least 10 years. The DJIA log chart explains everything!!!

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