1929 Fractal

19 Mar 2020

They say history repeats, we had a pandemic in 1820 and 1920. We had a crash in 1929, so we could be near a same fractal. I compared the 1929 crash and if it were similar this is the path it would take. Down to first major support (2100 area support), than major bounce up in between the .5-.667 fib where people unload and then it continues to fall for 3 years, hopefully this time is different.

27 Mar 2020

Not

Looked again and this is wrong, from the first bottom in 1929 it retraced to .5 which would be at 2790 which also lines up backtesting the channel, I will load up on shorts, maybe tomorrow 3/26?

27 Mar 2020

Not

Here's the 1929 Picture

27 Mar 2020

Not

IF this follows the same path, the first A down to B up would put the final target of SPX at $389 ish

7 Nis 2020

Not

Ok, backtesting the 2009 trendline and hit the 1929 fractal, now we should probably head to 1500