The 2008 crash chart matches up with so many trend lines it's crazy.
The day to day may be quite different, but I think the overall weekly cycles of up and down will be similar.
Do you notice a pattern with the arrows and circles?
I placed circles back to back, each representing a time period.
The arrows point in exact opposites when comparing the ‘UP/RALY SIDE’ to the ‘DOWN/CRASH SIDE’.
The green arrow to the right of the orange arrow points UP and DOWN.
This means that for the following week, expect to see a new high, followed by a downward movement.
The purple down arrows mean the value should go down over the next week.
The Down and Upper Right arrows mean the price will dip down to a new low, then head back up.
The crash side from 2008, is EXACTLY opposite.
Is that seriously a coincidence?
It will be interesting to see if the trend lines hold true in the real world.
Will the DIA go back up to 270, then down to 250, then back to 260, then finally crash?
I think we should try to ride the momentum.
I’m going to try and buy my puts and calls a cycle or two out.
This will allow me to buy them cheap OTM.
By the time we get to the next cycle (time period), they should be ITM or close to it.
We may even see these trend lines hold up and provide decent guesses for lows and highs.
I don’t know if the crash will end at $160, but I do have a very strong belief that it will follow this up/down pattern. That’s all we really need to know in order to make profits during this time period.
