JANUARY HAS A PROVEN PREDICTIVE POWER FOR THE END OF THE YEAR
WHY THIS MATTERS
This indicator has been 90% correct since 1950. It is used on the SP500.
BY THE NUMBERS
The January Trifecta (def below) has occured 31 years since 1950. 28 of them we have followed with positive year for SP
Average gain during January Trifecta is +17%
If January...
Hello friends
Today im going to show you a good reason for next Bullrun in Bitcoin.
Pi cycle includes 2 Moving Average:
One Long MA and One Short MA.
when we devide this 2 MA the result equals PI number (around 3.15)
The best Long MA is 471 DAY and the best Short MA is 150 DAY.
I illustrate them in BLX chart and yo see the last 2 times that Pi cycle Bottom works...
The January Barometer is a statistical phenomenon that looks back at the last 50+ years of the SPY's history and states that (as of last year):
A POSITIVE close in January has a 83% chance of a positive year
A NEGATIVE close in January has only a 65% chance of a positive year (we just had this happen)
A POSITIVE close in January has a 70% chance of a...
January has historically been one of the worst months for Bitcoin, thus extreme caution should be taken on the long side as I have mentioned earlier.
Here we can see the early January profit taking and selloffs since 2016.
Since Bitcoin just crashed around -20% in 2 days, this year might not be any different.
The US Dollar has also been gaining upwards...
In this post, I'll be talking about the January Effect as the stock market looks to open for the first time in 2021.
The January Effect
- This is a hypothesis that securities' prices rise in January more than any other month of the year.
- This allows investors to purchase prices prior to January, when it's relatively undervalued, and sell for a profit in...
Small- and micro-cap stocks trading near their 52-week lows tend to outperform the market in January. One of my preferred picks to profit from the "January effect" is Limbach Holdings. Now far off its 11-dollar highs earlier this year, LMB has some upward momentum in both its share price and its analyst ratings. Expected to greatly improve its earnings in 2020,...
The "January effect" is a seasonal phenomenon in which small-cap stocks (especially those trading near their 52-week lows) tend to outperform large cap stocks. IWM, a Russell 2000 ETF, will likely continue to dip until Tuesday as investors sell off their losers at the end of the year for tax and reporting purposes. That makes Tuesday a good time to buy the fund in...
POLONIEX:ETHBTC has been consolidating for a while now and if there is not enough strength we could see something similar to what happened in 2016.
Price structure 2016:
Price structure 2017:
Volume and StochRSI:
2016
2017
RSI
2016
2017
Note: POLONIEX:ETHBTC correlation to alts cycles could have been affected by the high number of...
