SOX price action during the dot-com era has predicted almost every swing low and swing high for us since SOX topped in June.
And $SOXX generational resistance line since the GFC has also marked multiple swing highs and lows over the past few months.
"This time is different."
No, it's not.
It's all just the same thing, over and over. We can't help ourselves.
And you and I can't control it, or stop it, or even slow it, or even ever so slightly alter it.
We just react.
And we make a lot of money if we get it right, and we get left by the side of the road if we get it wrong.