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Dope_Trades
Jul 13, 2017 1:48 PM

Gravity Short

S&P 500 IndexTVC

Description

Continuing analysis of trends, I looked at each blow off top, or move to highs, and calculated it's percentage in market tops from back to 1987. The luxury is I know where the top is. Current price is definitely in that range of past market tops. No matter where the price of where the top gets put in, losing the 2090 area will signal a market crash, no doubt in my mind.
Comments
BhaktaBasics
Interesting. How did you define the position of the green trend lines with which to measure your % blow-off tops?
Dope_Trades
@BhaktaBasics, used the last swing up to create the highs.
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