Stock Market fast crashing 35-40% next week?
We are currently seeing a pattern which happened in the 1929 and 1987 crashes.
The idea is based on the correlation between stock patterns with Jewish holidays.
Both times in 1929 and 1987 we saw a local bottom at the Rosh Hashanah holiday.
The local bottom caused a bounce towards the Yom Kippur holiday, forming a local top.
Following Yom Kippur the stock market started a strong downtrend. However after 6-7 trading days a bounce was observed.
Now in 2022 we are seeing the same pattern! We even got a bounce yesterday fitting with the crash pattern.
This would conclude that based on the pattern, a fast crash of 35-42% could happen within days with a bottom end October - Early November.
A 42% crash would cause a sweep of the covid crash lows which is a very significant level.
This is a very speculative pattern but worth keeping an eye on! Just get some cash ready to buy the crash if it actually happens...
Trade safe!
1987 chart:
The idea is based on the correlation between stock patterns with Jewish holidays.
Both times in 1929 and 1987 we saw a local bottom at the Rosh Hashanah holiday.
The local bottom caused a bounce towards the Yom Kippur holiday, forming a local top.
Following Yom Kippur the stock market started a strong downtrend. However after 6-7 trading days a bounce was observed.
Now in 2022 we are seeing the same pattern! We even got a bounce yesterday fitting with the crash pattern.
This would conclude that based on the pattern, a fast crash of 35-42% could happen within days with a bottom end October - Early November.
A 42% crash would cause a sweep of the covid crash lows which is a very significant level.
This is a very speculative pattern but worth keeping an eye on! Just get some cash ready to buy the crash if it actually happens...
Trade safe!
1987 chart:
