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Dave’s Newsletter

A DEFCON System to Manage the Bear Psychology

Safeguarding Against Calling a Top Too Soon

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dave the wave
Aug 18, 2025
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Dear Readers,

US DEFCON levels : r/coolguides

Some say the market keeps us guessing…. or instead ask whether the top is in. But with the trend on the chart remaining solid, it’s perfectly reasonable to believe that price will continue upward in that trend. Not until a break of that trend should we begin to ask whether the top is [or was] in.

As they say, ‘the trend is your friend’ but w…

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