Interesting post to begin with but will history repeat once again...?
Panic lows have historically occurred on day 27/28 of the 7th lunar cycle which was Sunday and Monday (27th October). The panics of 1857/1907/1929/19 87/1997 all marked their lows on these days in October.
Today has certainly provided a relief rally - s&p500 up near 10% at one stage, jpy and usd both off against majors, gold up... but will it last? I guess time will tell.
Bullish Breakouts and Trend Continuity in 2017
8 years ago
2 comments:
Nice looking blog. I am looking forward to some intriguing insights.
Thanks mate, we'll see, hope to write some interesting stuff over the next few weeks
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