SPY - Lunar Cycle Lunacy
To be clear: I have zero tolerance for anything in the lines of financial astrology bullshit, magic 8 ball readings, or other hullabaloo.
This is simply a chart for my own viewing and the education of others on the lunar cycles matched with the market from 2018 to the present day. Red is the full moon, a "bottom" and green is the new moon, a "top", following the seemingly arbitrary guidelines of theidiotandthemoon.com/moontrading.html, a website that I was linked to through DM.
Every O is when the guidelines proved profitable, and X is when the guidelines proved a failure. The success rate for the guideline is 68%, and the failures almost never grouped cases - meaning until this lunacy begins to be correct again, you should assume it won't be. The power of the moon unsurprisingly can't beat pervading trends. Currently, it should not be "working" as it miserably failed in the last cycle. God (or maybe the "old gods") knows when it will ever be. The followers have told me this is due to the recent "super blood wolf moon", and that's why today's market is on such a downturn. Mindblowing.
If I had the spare time, I would map out the rest of all of time, just to prove that this is no better than chance in the long run. If you trade purely on the basis of moon cycles, you're an absolute idiot.
Whatever you decide to this with this information is up to you - I'd personally laugh, find it humorous at best, and toss it out alongside any other arbitrary indicators retail investors swear by.
This is simply a chart for my own viewing and the education of others on the lunar cycles matched with the market from 2018 to the present day. Red is the full moon, a "bottom" and green is the new moon, a "top", following the seemingly arbitrary guidelines of theidiotandthemoon.com/moontrading.html, a website that I was linked to through DM.
Every O is when the guidelines proved profitable, and X is when the guidelines proved a failure. The success rate for the guideline is 68%, and the failures almost never grouped cases - meaning until this lunacy begins to be correct again, you should assume it won't be. The power of the moon unsurprisingly can't beat pervading trends. Currently, it should not be "working" as it miserably failed in the last cycle. God (or maybe the "old gods") knows when it will ever be. The followers have told me this is due to the recent "super blood wolf moon", and that's why today's market is on such a downturn. Mindblowing.
If I had the spare time, I would map out the rest of all of time, just to prove that this is no better than chance in the long run. If you trade purely on the basis of moon cycles, you're an absolute idiot.
Whatever you decide to this with this information is up to you - I'd personally laugh, find it humorous at best, and toss it out alongside any other arbitrary indicators retail investors swear by.
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