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!
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 [timing, movements] 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>
(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!
JokerIII
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@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
.
JokerIII
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@JokerIII, Corrigendum: "and in the Bicoin/USD graph in 2017 (-35% down - bounce up and -83% teminated in dec 2018)
JokerIII
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@JokerIII, I stand corrected again: Dow Jones Crash > 1929 - NASDAQ Crash > 2000. I apologize to history. 🙇