Dow Jones / SPX / etc... possible blow off top ending

18 апр.

This is just an idea currently and im not sold on it but it is interesting enough for me to post it and keep an eye on it. For reference my over all current market view has been for last few months that the markets go super parabolic for blow off top and then well bear market for a hot minute or quick but harsh harsh drop. That would be due to if the economy is truly as bad as people make it out to be and its not just them flapping their gums. I see how economy can be bad but I also see some progress being made. I also would think that the assumption of things going back to what they were in the sense of econ is severely misguided because as if any time and any economy has restored to a prior state exactly whether it was good or bad. Anyway I digress, Minimize any of the indicators. I dont typically use the indicators a lot besides bbwp and vrvp. Everything else is just time to time to see if I spot any patterns within them. the fractal was taken for lol 2008 on the daily time frame if I remember correctly and yeah. The direct counter to this fractal would be the other post I made months and months ago on the SPX I believe it was, It was a longer term fractal taken from the 2008-9 bottom of the stock market and run up that I though we were resembling when SPX was forming its bottom in 22-23 but thats not where I started the fractal. I started the fractal from the C-19 drop and I felt that it was suiting and a fair comparison. One of the main reason I thought it was a fair comparison was also in reference to another post I made on here that is looking at the vix and I made the comparison of the vix back in 2008 and in 2020 with the v-shape recovery from C-19.( This will be easier to understand and the other post references if you go through my page and look . I dont have that many post so it would be relatively easy to find. Again im not sold on this yet and just posting it to make sure I remember to keep an eye on it.
SPX
DJI
VIX
QQQ