I was looking back @ 2009 crash and noticed 10/08/2007 was all time high back then and took almost 2 years to reach rock bottom...is the world financially in the same boat??? I think our economy is stronger...BUT...we still have same market signals...recent all time high was 12/27/22...1 year later we are at a cliff, is it the cliff before the real drop or is it a cliff before a drop then bounce, then bigger drop??? How long do cycles last??? 4 weeks 6 weeks??? We gotta be able to analyze the time between cycles as well...hmmm...got a headache yet??? lol...
I don't know and I don't care to analyze history.
I don't know and I don't care if the economy is stronger or weaker.
I don't know and I don't care to analyze time periods between cycles.
All I care about is what the market and sector charts are saying to me today.
To do this, I break down the market into the 11 SPDR sectors and add 3 overall market indicators. Jaws and Duma call these 'the big three'. I create a bullish percent or breadth indicator for each sector and each of the three market indicators. The 3 Big Three market indicators are the S&P 500, the Nasdaq 100, and the Russell 2000. So 14 total.
When the bullish percent breadth indicator chart moves from trending down to trending up (the PSar flips), take a position in the corresponding ETF, timing the entry and exit using the individual ETF chart.
Likewise, when the indicator moves from trending up to trending down (again, the PSar flips), take a position in the corresponding inverse ETF. Be aware, not all 11 SPDR sectors have a corresponding inverse ETF.
...and the comparison chart between 2008-2009 and 2022 with the man looking over the cliff is a novelty. Nothing more. To use it for trading would be similar to driving a car forward using only the rearview mirrors. Won't know if you are in trouble until it is big trouble.
I just gave you a master class in swing trading, and the charts to make it work for you. Let me know if questions.