Charting Journal | 8.7.2022 | Sunday

After noticing similarities from 2008 SPX chart yesterday & noting it in this journal, today I see this on Instagram today lmao:

The fact that this insight is so mainstream as to be on such a large page curbs my ego & makes me take pause at my ‘analysis’. I’m likely not as intelligent or insightful as I’d like to think I am or would like to be, but perhaps the tenets of price action & TAST philosophy will hold fast regardless of how seemingly obvious the charts look. There is no abundantly clear TAST pattern forming now, but price action on larger time frames seems to be unable to be manipulated other than perhaps by the federal reserve. I should have faith in the patterns, wait for them to form & take action accordingly.

Another article mirroring this sentiment here, much more in depth