This will be a long post but bear with me. These are all the cool findings I have been tinkering with. In this study, I will be using Fibonacci Retracements and Range Expansions
Starting with the Great Depression
Next we have the 1950-1962
Here we have the megaphone range of 1966-1973
The range of 1964-1981 really set up what was going to happen in 2000
Here is the Crash of 87
Now we are on to the 2000 Dot Com Crash
Followed by the 2008 Financial Crisis Crash
Next up is the 2019 Covid Crash
Finally, we are at today, the 2023 crash
The conclusion that I have reached is when range expansions are hit, crashes seem to follow. Where they end up falling to is Fib Retracements.
Also, when crashes happen, years later they are a small blip on the radar. One can not even see the Great Depression as it is microscopic.
Years later this 2023 crash will look insignificant
Starting with the Great Depression
Next we have the 1950-1962
Here we have the megaphone range of 1966-1973
The range of 1964-1981 really set up what was going to happen in 2000
Here is the Crash of 87
Now we are on to the 2000 Dot Com Crash
Followed by the 2008 Financial Crisis Crash
Next up is the 2019 Covid Crash
Finally, we are at today, the 2023 crash
The conclusion that I have reached is when range expansions are hit, crashes seem to follow. Where they end up falling to is Fib Retracements.
Also, when crashes happen, years later they are a small blip on the radar. One can not even see the Great Depression as it is microscopic.
Years later this 2023 crash will look insignificant
Comentário:
Using the range from the 2022 Highs, I extrapolated the range expansion downwards and multiple targets were revealed.
Comentário:
Another thing I find interesting is using the high, low of the triangle as a range expansion, 1 and 1.5 range expansions lines up exactly with both the top of the range, range expansion AND the 2009 lows fib retracement.
Two VERY IMPORTANT price levels to watch are 2750 and 2280, which is where, in my humble opinion, is where we are headed.
Two VERY IMPORTANT price levels to watch are 2750 and 2280, which is where, in my humble opinion, is where we are headed.