What if S&P 500 Index repeats 1968-1970 ? [ -35% DOWN ]
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
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
Bình luận:
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.
Bình luận:
It may bounce from 3,000 to prepare for the 2nd leg down. Play wisely, guys!
Giao dịch được đóng thủ công:
It was so much worse this time so I'll close this idea.