Guys, it's hard not to notice how similar the 2007
SPY chart is to our current 2022.
Honestly, I wouldn't go so far as to say - "THE NEXT CANDLE/BAR WILL BE THE SAME!"
But just to take note, I think it's probably worth it, because if you look closely, we're actually doing the same thing in the big picture.
Conclusion:
- Will I trade SPY trying to repeat the 2007 chart?
No, I would not.
- Is it worth using this as an additional variable in decision making?
I don't know, let everyone decide for themselves.
- Does this similarity mean that further action will be the same?
No, 100% it does not.
Honestly, I wouldn't go so far as to say - "THE NEXT CANDLE/BAR WILL BE THE SAME!"
But just to take note, I think it's probably worth it, because if you look closely, we're actually doing the same thing in the big picture.
Conclusion:
- Will I trade SPY trying to repeat the 2007 chart?
No, I would not.
- Is it worth using this as an additional variable in decision making?
I don't know, let everyone decide for themselves.
- Does this similarity mean that further action will be the same?
No, 100% it does not.
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.