followed by a bigger or a similar size spike, then measured the distance between
the 2 points.
It was measured from the peak of the initial spike, to the start of the next spike.
The average was 37 bars (weeks). We of course had a relatively big spike around
August last year (2015), and 37 weeks from then is about to come around in just
2 weeks from the publishing date of this chart.
Does probability forecast another big( ) spike coming very soon?
Will the markets crash or correct in May 2016? We shall soon find out :)
Just be careful out there ;)