Stock版 - The significance of July 15 |
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b********y
发帖数: 5829 | 1 Last Friday I said here I believe there's high probability July 15 makes the
bottom of this bear market. One of the proof is this day makes turning
points for all important markets.
We know this year there have been two important days marking panic selling
and at least short-term market bottom: March 17 and July 15. The rally
started on March 17 didn't get hold and SPX made new low later. Could the
same outcome repeat this time? (seems to me many people are bearish now due
to this suspicion).
Ho | i*****d
发帖数: 178 | 2 failure rate means the probability of this pattern will fail from statical
data. GLD will have oversold rally, dollar will have downside correction.
Gold has not broken long term bull trend yet. However, dollar has set up
bull run recently. The correlation between gold and dollar is not always
negative in history. But, it does not mean gold will run through another
high.
I am feeling commodity will have another very last run.I am not sure if you
notice grain just starts another rally since last
【在 b********y 的大作中提到】
: Last Friday I said here I believe there's high probability July 15 makes the
: bottom of this bear market. One of the proof is this day makes turning
: points for all important markets.
: We know this year there have been two important days marking panic selling
: and at least short-term market bottom: March 17 and July 15. The rally
: started on March 17 didn't get hold and SPX made new low later. Could the
: same outcome repeat this time? (seems to me many people are bearish now due
: to this suspicion).
: Ho
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