I'm exploring the idea of fractals of higher degrees repeating themselves at smaller time scales. This is something I've done before that helped me identify the Bitcoin flash crash a few years back.
In this experiment, I'm overlaying the SPX 2003-2010 market rise and decline against the market rise from March 23rd 2020. I noticed that the price movements and magnitudes are similar. Did we hit a market top already and are now only a couple days away from rolling over? If this were true, it would be ugly. The market decline would only last a couple of weeks but would be violent. Seems hard to believe I'm putting it out there as an experiment.
In this experiment, I'm overlaying the SPX 2003-2010 market rise and decline against the market rise from March 23rd 2020. I noticed that the price movements and magnitudes are similar. Did we hit a market top already and are now only a couple days away from rolling over? If this were true, it would be ugly. The market decline would only last a couple of weeks but would be violent. Seems hard to believe I'm putting it out there as an experiment.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.