Local bottoms during bear markets don't consolidate for 6-8 weeks.
They bounce aggressively and consolidate below resistance while ditribution takes place.
Local bottoms during bull markets DO consolidate for 6-8 weeks (like we just had).
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Local bottoms during bear markets don't consolidate for 6-8 weeks.
They bounce aggressively and consolidate below resistance while ditribution takes place.
Local bottoms during bull markets DO consolidate for 6-8 weeks (like we just had).