Out of the Realm of Possibility DOW
Apparently standard deviation means nothing to the markets right now. Even 99.5% probability has .5% of possibility in it.
We are well out of the range of normal, whatever that means, as I attempt to illustrate in this linear regression model.
Perhaps we have another month before the disaster, but based on the significantly larger increase in price than the preceding dive in March, timing may be sooner as a function of it being relative to magnitude.
Only time will tell.
We are well out of the range of normal, whatever that means, as I attempt to illustrate in this linear regression model.
Perhaps we have another month before the disaster, but based on the significantly larger increase in price than the preceding dive in March, timing may be sooner as a function of it being relative to magnitude.
Only time will tell.
The prediction is in...
= FIB
= FIB
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The prediction is in...
= FIB
= FIB
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.