I'm exploring the idea of fractals of higher degrees repeating themselves at smaller time scales. This is something I've done before that helped me identify the Bitcoin flash crash a few years back.
In this experiment, I'm overlaying the SPX 2003-2010 market rise and decline against the market rise from March 23rd 2020. I noticed that the price movements and magnitudes are similar. Did we hit a market top already and are now only a couple days away from rolling over? If this were true, it would be ugly. The market decline would only last a couple of weeks but would be violent. Seems hard to believe I'm putting it out there as an experiment.
In this experiment, I'm overlaying the SPX 2003-2010 market rise and decline against the market rise from March 23rd 2020. I noticed that the price movements and magnitudes are similar. Did we hit a market top already and are now only a couple days away from rolling over? If this were true, it would be ugly. The market decline would only last a couple of weeks but would be violent. Seems hard to believe I'm putting it out there as an experiment.