JokerIII

Dead Cat Bounce

Short
FX:SPX500   S&P 500 Index
In trading, "Dead Cat Bounce" refers to a temporary recovery that occurs after a sharp price decline that is usually followed by a downward trend. It can be defined as the chart phenomenon that occurs during a bearish movement.
Basically, it is an expected correction on a brutal fall in prices. In the market jargon, it is a trap for the bull traders.
Bulls, Stay Alert!

Comments

Of most interest are your FORECASTS, which don't look like DJIA 1929-32, although there are strong similarities. Is it SP500 (when was it first tracked, or did someone extend it back in time)? If the future is correct, then how many billions can we make until (a) our trading actions change the future, or (b) everyone else jumps on board, or (c) loopers from the future exterminate us? <grin>
Reply
JokerIII Bill_Howell
@Bill_Howell,

(a) The future will change the value of our shares.
(b) There will be no room for all!
(c) No! They will loop us in the charts!
Reply
JokerIII Bill_Howell
@Bill_Howell,
Your observation has been corrected, the graph is very similar to the Dow Jones Crash in 1928 (-45% in 1928 - bounce up - and a free fall at -90% ended in 1934) also happened to the NASDAQ in 1998 (-38% down, bounce up - and finally -78% crash put down in 2004) and in the Bicoin/USD graph in 2017 (-35% down - bounce up and -70% teminated in 2018) and in many others charts.
In these weeks the first flash crash in the Sp500 chart stopped at -35% - bounce up - and ...?
We'll see in the next weeks if the cat was really dead and where will it rest in the next months or years
.
+1 Reply
JokerIII JokerIII
@JokerIII, Corrigendum: "and in the Bicoin/USD graph in 2017 (-35% down - bounce up and -83% teminated in dec 2018)
Reply
JokerIII JokerIII
@JokerIII, I stand corrected again: Dow Jones Crash > 1929 - NASDAQ Crash > 2000. I apologize to history. 🙇
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