I hope this doesn't hold true for over a 3 down day pattern. This is from another poster.the dip ...
since Friday, January 2
there have been 10 occurrences of "downstreaks" of 3 days or more.
6 of them have lasted just 3 days:
1 Wednesday, February 4
2 Thursday, February 5
3 Friday, February 6
1 Monday, March 1
2 Tuesday, March 2
3 Wednesday, March 3
1 Friday, March 26
2 Monday, March 29
3 Tuesday, March 30
1 Wednesday, April 7
2 Thursday, April 8
3 Monday, April 12
1 Monday, April 26
2 Tuesday, April 27
3 Wednesday, April 28
1 Monday, May 10
2 Tuesday, May 11
3 Wednesday, May 12
not so bad ... BUT when it has lasted 4 days,
its continued to either 6 or 7 days (7 day bottom is a trader's buy signal):
1 Friday, January 23
2 Monday, January 26
3 Tuesday, January 27
4 Wednesday, January 28
5 Thursday, January 29
6 Friday, January 30
7 Monday, February 2
1 Wednesday, February 11
2 Thursday, February 12
3 Friday, February 13
4 Tuesday, February 17
5 Wednesday, February 18
6 Thursday, February 19
1 Tuesday, March 9
2 Wednesday, March 10
3 Thursday, March 11
4 Friday, March 12
5 Monday, March 15
6 Tuesday, March 16
7 Wednesday, March 17
and of course, our current streak:
1 Friday, July 2
2 Tuesday, July 6
3 Wednesday, July 7
4 Thursday, July 8
Regards, Walk
AI
