A bull flag is a bull flag

What two charts of the Nasdaq taught me about trusting the trend

I want to show you a chart….
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I’m not going to tell you what it is yet.
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Here it is…

A bull flag is a bull flag

SECRET CHART

A breakout to new highs, followed by 5 months of rally, almost doubling in value.
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Here’s another one…

Nasdaq

Pretty relentless bullish action, right? Must be some hot stock in a hot sector.
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Well… both of these are the Nasdaq. At different points since 1999.
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Yep. A mega-cap basket of tech stocks.
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Ok, so what’s my point?
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​Trends last longer than you think.
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Trust me on this. I’ve learned it the hard way. 😬
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Either by not participating because it’s “too high, too fast”… or that one time I kept shorting FTSE like a total clown into new highs.
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Thankfully, I did it once, paid my tuition, never again…
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And no one knows when a trend ends. Could be tomorrow, could be in ten years.
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​Our job isn’t to guess; it’s to participate in the price action in front of us.
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Now, sure, buying new highs every hour might not be your thing. Fine.
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But the patterns don’t care what the chart is.
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A bull flag is a bull flag. A pullback is a pullback. Nasdaq, gold, or some small-cap nobody’s heard of.
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  • Gold ripped through 2025 and massacred the bears who thought it was “too extended.”
  • Bitcoin sat at 64k in 2021, cut itself in half, then half again, and the bulls didn’t believe it could happen.

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The examples are endless…
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And of course markets never go in a straight line forever…. They extend, backfill, and pull back. That’s natural in a trend…we get weak days, strong days, and narrow range days.
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​But trends are trends.
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Markets are littered with intellectuals who thought they knew better. We’re not them.
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We’re traders. Intraday scalper, multi-day swing, doesn’t matter.
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Our job is to jump on board, take our bite, and jump off.
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Go with the flow…