BTCUSD Historical CorrectionsHistorical BTCUSD chart data suggests that it's not uncommon to see these very large market corrections.
We could see this market fall much further. I also know that some cryptos drop 98% in value from previous all time highs before pumping again.
Don't be surprised if BTCUSD does this.
Macrocycles
DIA Historical CorrectionsThis is a macro perspective on the cycles of DIA.
I want to focus on all time highs and the corrections that come after.
Currently DIA is sitting at about a 19% decrease from all time high value.
As the chart suggests, this market could drop even further. Don't be surprised if it does. These things happen.
Making Sense of the Chaos and Recognizing CyclesHey everyone!
Due to the recent financial sell offs, I've seen many panic and even claim "an end to financial markets". In fact, I understand their concerns. However, many of these individuals are newbs or have not taken a close look at the history of the asset(s) they hold. This is exactly why I have chose to begin posting again and would like to explore the long term history of a few assets and asset classes in an effort to calm any anxiety in others that I can. I will be focusing on historical market corrections.
Nothing of what I say or demonstrate is individualized financial advice to any degree. I am a speculator. You should not place trades based upon my analysis. You should not listen to a word I say. This is for pure entertainment value only and any losses you take is because you took that risk yourself. I am not liable for your actions.
Ok, let's do this!
A very long term look at SPX shows a volatile ride. The chart you see is a monthly log chart compressed to demonstrate as much of SPX as possible. As you can see there are many ups and downs. The data provided dates back all the way to the 1870s. So, this is where I will begin.
I will be adding pictures and details about the pictures in the updates or comments sections. It's been a while since I posted, please, be patient with me.