bettetorpen

DOW JONES INDEX Short, the old cycle is getting back

Short
bettetorpen Updated   
FX:US30   Dow Jones Industrial Average Index
My first post :)

I read this funny cycle theory I want to share, of 500 days cycle by a (in)famous danish daytrader who hit it near perfect in 98 and 07; could be curious if the patterne has just been disrupted by general world and economic changes for a while but is on the return?

Altså considering the crazy spikes on gold, silver, EURUSD, VIX, abnormal semi-techs like Tesla; recession warnings in Japan, ongoing Dubai recession, warning in Singapore, manufacturing growth decreasing in central europe.

Anyways, here's an idea...
Trade active:
Must say, Tom Hougaard, the daytrader referred above has made it spot on, again.

Only "if", is if it takes this speed this time, is ~50% fall enough, or will it turn much earlier than "500 days"?

www.tradingview.com/chart/SSbPsyDN/
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