The Bullish scenario

This Bullish channel could be the best framework for the coming months.
I think we should consider any decrease in Nasdaq as a correction unless, Nasdaq composite getting outside this bullish channel and trending below it.

Another bullish scenario: 16200 by the end of September


I should confess I put two much emphasis on trading volume and see the generalized decrease in trading volume as a negative factor for market to trending upper. However, the relationship between prices and volume is not a linear correlation. And it’s effect in making bullish trends could be more than making bearish cases.
Reading my analysis published on June 13th is recommended.

I calculate 2 different scenario in that analysis and shied them as 1 and 2.
Interestingly, between the 2 major scenario, I choose the wrong one.

To accept your mistake means to become smarter than you were - Pierre Boiste