System_T

What if S&P 500 Index repeats 1968-1970 ? [ -35% DOWN ]

Short
System_T Mis à jour   
SP:SPX   L'indice S&P 500
I found an incredible matching fractals with both of percentage-wise measurements (up & down) and pattern similarity compared with the period of 1968-1970.
Expects -35% down side and a recession if this history repeats itself.
Prepare for the worst guys!

“History Does Not Repeat Itself, But It Rhymes.”
- Mark Twain
Commentaire:
And how can we explain the coincidence with the similarity of Unemployment claims compared with 1968-70? Both periods have the lowest unemployment rates. Recessions always come when no one prepare.

Commentaire:
It may bounce from 3,000 to prepare for the 2nd leg down. Play wisely, guys!
Trade fermée manuellement:
It was so much worse this time so I'll close this idea.

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.