DOW JONES INDEX Short, the old cycle is getting back
Updated
My first post :)
I read this funny cycle theory I want to share, of 500 days cycle by a (in)famous danish daytrader who hit it near perfect in 98 and 07; could be curious if the patterne has just been disrupted by general world and economic changes for a while but is on the return?
Altså considering the crazy spikes on gold, silver, EURUSD, VIX, abnormal semi-techs like Tesla; recession warnings in Japan, ongoing Dubai recession, warning in Singapore, manufacturing growth decreasing in central europe.
Anyways, here's an idea...
I read this funny cycle theory I want to share, of 500 days cycle by a (in)famous danish daytrader who hit it near perfect in 98 and 07; could be curious if the patterne has just been disrupted by general world and economic changes for a while but is on the return?
Altså considering the crazy spikes on gold, silver, EURUSD, VIX, abnormal semi-techs like Tesla; recession warnings in Japan, ongoing Dubai recession, warning in Singapore, manufacturing growth decreasing in central europe.
Anyways, here's an idea...
Trade active
Must say, Tom Hougaard, the daytrader referred above has made it spot on, again.Only "if", is if it takes this speed this time, is ~50% fall enough, or will it turn much earlier than "500 days"?
tradingview.com/chart/SSbPsyDN/
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