Most ATH Occur in September
Updated
Been a rough ride for stonks. Gone oversold. Retest of lows in progress. Buy the double bottom.
After a correction, the rise in price is often twice the drop. Statistically, most ATH occur in early September.
Fed cuts rates, we could see ATH come out of this dump like phoenix from ashes.
Went down ~500 pips; might rise 1K. Might not. Might get half back and rollover again. Let's find out.
After a correction, the rise in price is often twice the drop. Statistically, most ATH occur in early September.
Fed cuts rates, we could see ATH come out of this dump like phoenix from ashes.
Went down ~500 pips; might rise 1K. Might not. Might get half back and rollover again. Let's find out.
Note
Well that's a startTrade active
Looks and feels like a bear market rally, but you never know. Out all longs. Could it bull to a double top ATH? OFC! Who knows, I do not know, only speculate.
If I were a betting man (you know I am) I'd bet on lower before higher...
Note
Was higher before lower, lol. Gona from oversold to overbought.Note
Funny how three weeks ago this seemed impossible but now is just around the corner and looks like it might play out.
Who knew?!?
Trade closed: stop reached
ALL OUTNote
Astonishing, you can't make dis up. New ATH on DJI, SPX double top. 17 September; Constitution Day.
Greed is Good!
Note
Bam. Gotta be de Big Top. Watch SOXS!
In case you wonder why it sells when Fed cut rates;
"Buy the rumor; sell the news"
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