Make or Break dilemma? History can help
It appears current times are very uncertain, easy to get lost in too many indicators
Let's take a look again at some known patterns, again 1929
Like a magnet...pushing up and down SPX with a very similar pattern even in the two recent spikes up.
Let's test the model now, which suggest a dramatic drop to 2500 area by October 20th.
Don't forget that people, under stress, tend to repeat the same behavior
Very curious to follow this one
By the way - if I had to look at some specific indicator, VIX is suggesting that all the bears are still around, alive and kickin'
So I believe 2500 will be our new target within the next 20 days.
The Dude abides.
Cheers
Let's take a look again at some known patterns, again 1929
Like a magnet...pushing up and down SPX with a very similar pattern even in the two recent spikes up.
Let's test the model now, which suggest a dramatic drop to 2500 area by October 20th.
Don't forget that people, under stress, tend to repeat the same behavior
Very curious to follow this one
By the way - if I had to look at some specific indicator, VIX is suggesting that all the bears are still around, alive and kickin'
So I believe 2500 will be our new target within the next 20 days.
The Dude abides.
Cheers
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.