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Posts | 31799 |
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Alias Born | 08/16/2010 |
Sunday, May 22, 2022 8:53:48 PM
Tops for me at 395,400-402 and 403-405 would be awesome for a big short opportunity....play intraday only......plenty of range each way and bias is downside for me.
It's been sell every rip since 450 to 380...nothing has changed and economy pains have just begun.
Trading days by bear market:
1. 2000: 638
2. 1930: 550
3. 1940: 439
4. 1973: 435
5. 1980: 428
6. 2008: 349
7. 1949: 253
8. 1966: 171
9. CURRENTLY: 96
The average bear market lasts 289 trading days, 3x as long as the current one.
No capitulation yet and need VIX to at least test the 40-50 range IMHO.
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