timwest

What happens after a new Fed Chairperson takes office?

timwest Wizard Mis à jour   
20
80% of the time stock prices fall (after inflation) after more than 5 years!

I posted this chart a year ago. See links below.

It looks as if we are right in the thick of all of the other "tracer" lines, which are simply a copy of the stock market action after each Federal Reserve Chairperson took office until they resigned.

You can zoom out and see all of the other instances and come to your own conclusions.

Feel free to send me a message.

Best regards,

Tim

Jan 18, 2016 11:42PM EST
Commentaire:
This pattern still isn't being talked about anywhere - notice how well it shows pressure at this time window.
Commentaire:
We are right near the time when 3 of the 4 patterns have bottomed. The weakest economy was under "Fed Chm Burns" and the market would bottom in a couple of years. For now, the odds are still "sideways" for a couple of years, but having a 75% chance that the bottom is in place would be good to have too. Either way, this pattern is still valid, in my opinion.

Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.