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samitrading
3 мар 2021 г., 18:57

According to this study pullback is between (3.42%-20.15%) 

S&P 500SP

Описание

On a daily level, with all else equal, our correction/pullback target could be within these numbers.
7.33 %
3.42 %
20.15%
3.33%
4.04%
5.21%
8.60%
8.09%
17.21%


Комментарий

We are very still with in the norm of a pullback/correction percentage wise.

Комментарий

If this study holds up, we have long way down to go. Now, we are 5.82 % down !!!

Комментарий

Well, if & only if we have ended the pullback our total decline is 5.76% Good signal
that only appears one time every 1.5 year !!!
Комментарии
One-World
samitrading
@piscitear, Thanks a million time ;-)
One-World
Thx for sharing, I've been searching for potential pullback rage too. SP500 is trying all efforts to refuse a downturn, but the reality is that if the players are tired or worried, no one will stand out to be a market hero and rescue the market by himself.
samitrading
@piscitear, Your most welcome anytime. Agree with you , especially with no clear catalyst out there
for them to "Ride". here is one possibility out of many of how far can we go down.

One-World
@samitrading, these 2 weeks are really crucial. GL!
samitrading
@piscitear, Make sure you do no become a day trader to many ABC and 3 wave structure. ABCs, Bs, 2ed and 4th waves of Elliott are the riskiest

ever if you trade them day by day most of the people lose their money on these waves. Swing trading is the best with Stop loss close by ; -).
One-World
@samitrading, so true!
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