NO. And there will be counter-trend trading opps. But this isn't 2008, dot.com, or 1929.... That opinion will get you (bear)trapped!!
Inflation rally would be counter-trend opp, but not back to ATH. Better chance catalyst would be November red-wave... with a wait until January to be sworn-in. But that too, a rally. Not back to ATH. Better imo, to pay attention to dollar and rates... look for newsworthy "things" outside of the US to start breaking. Get used to it.
Shocking shocking shocking as the evidence keeps mounting up time and again how ET is always on the wrong side of a Trend at major turns .... this BEAR will destroy this site sooo damn fast it will make folK wonder out loud, "wtf happened to EliteTrader, is so deserted?" So sad, sad, sad to see people behave this way when the Tsunami 3rd wave is barreling down to take dow JOnes to targets nobody dreams possible. Short short short is the way to be, no iffs ands or buts, who cares about 1 or 2 day rallies when you know in a 3rd wave they will all be retraced and left in the dust. Dow Jones weekly going to Station #1 = Corona virus low. When he gets there, Seniorta and i will go walking and gawk at the horror of Dracula that was Feb 12 - March 23, 2020 Bona Sera Seniorita kiss me goodnight