InvestorsHub Logo
Replies to #23429 on Cycle Trading

Duma

09/22/21 11:21 AM

#23431 RE: dotnet #23429

I see what you are talking about, but I like the view on 60m chart a little better. For 2020, the Sept low was 9/21. For far the low for Sept 2021 was yday, 20th. Then in 2020, w2 low was 9/24 (3 trading days later) and then market moved higher. Starting to look like a repeat for sure.

To complete th estory for 2020, after the Sept draw down, a new lower high was set my mid Oct, before another pb to set a higher low by end of Oct. Then in Nov market started moving higher and set a new ATH by the end of year.