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01/04/2017 Live Update

Re: 01/04/2017 Live Update

Postby Al_Dente » Wed Jan 04, 2017 4:29 pm

THIS IS FROM 12/23/16 SO YOU HAVE TO ADJUST THE NUMBERS
It has been 116 days since we had a 5% correction. Since 1928, the average number of days before a 5% correction occurred was 50. In secular bull periods, the average number of days was 84. In secular bear periods, the average number of days was 31.

We have been 210 days without a 10% correction. Since 1928, the average number of days before a 10% correction occurred was 167. In secular bull periods, the average number of days was 331, while in secular bear periods, the average number of days was 91.

It has been 1,955 days since we suffered a 20% correction. Since 1928, the average number of days before a 20% correction occurred was 635. In secular bull periods, the average number of days was 1105. In secular bear periods, the average number of days was 486.
The current case of 1955 days without a 20% correction is more than three times the average of 635 days (for the whole period from 1-3-1928 to 12-8-2016).

Q: Why this record number of days?
A: QE and now PEOTUS
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salt... grain... take it...

Postby MrMiyagi » Wed Jan 04, 2017 4:37 pm

297.png
spy
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Re: 01/04/2017 Live Update

Postby BullBear52x » Wed Jan 04, 2017 4:40 pm

Sell failed as usual.
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Re: 01/04/2017 Live Update

Postby BullBear52x » Wed Jan 04, 2017 4:41 pm

Chart for the road: This is not a bearish setup, so....breakout is hopeful with this type of momentum. Peace!
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Re: 01/04/2017 Live Update

Postby Cobra » Wed Jan 04, 2017 4:54 pm


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Re: 01/04/2017 Live Update

Postby Cobra » Wed Jan 04, 2017 4:55 pm

well, guess that's it for today. Thursday tomorrow has been mixed. thank you guys, I'll see you tomorrow.

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