This is just for fun and observation, and has absolutely no statistical background, nor any proven "anything" §8-)
So, what do we have here?
1. The pattern.
The expanding pivot pattern is very known in the trading world of the Forkers. Personally I don't use it very often in my trading to carve any decision making facts out of it.
Others I know relay heavily on...
So I'm just pointing out this current thingy because a lot of you guys have pointed out that 2022 looks a lot like 2008 on SP500. Well. Looks like VIX is acting weird too. Leave your comments please.
This is the One Chart. Upper part shows Present SP500 on blue line. Then 2008 SP500 on gray line. Then 2008 Volkswagen on purple line. Lower part shows GME on bars and 2008 SP500 and 2008 VW. So....According to this.... We might start seeing upwards activity by december.
Whats up Traders -
If you're waking up today and starting to get worried about the near term United States Economy .... welcome to the party.
Oil Prices are in Shambles and we're heading into a recession which will command significantly reduced Oil Demand
Gold is falling from the sky (no not literally)
The FED has lowered interest rates to zero
The FED has...
Interesting thing I discovered today. Check out price action at every 16:00. Large red or green (mostly red) candles right around that time, very day. Who's building all these Marg and Bart heads? When will it stop? :)
