(Not financial advice)
I will post notes below the main chart with screenshots to these other times mentioned.
The 10 and 20sma's crossed below the 200 Mid-March, and we found support at the 400sma. I looked at 13 past tops or major corrections, and only 2/13 times did we bottom at the 400sma. I'm thinking at a minimum, we pull back to 24,100 and see how price responds. If the 10sma can sustain mostly above the 20sma and price holds above 24,100 then a bullish case can start forming. But not yet. Personally, I think we just saw capitulation to the upside, but this is a weird chart.
In these 9 instances when the 10sma and 20sma crossed below the 200sma -- which has happened 3 weeks ago --
2025, 2022, 2020, 2018, 2016, 2015, 2008, 2006, 2000.
In these 4 instances, price still went down to lower lows, but not quite as extreme:
2012, where price did not have much of a relief rally as we saw this week, and only retraced down to the 400sma. I would argue that this move in 2012 was just part of a larger correction.
2011 - price went down to the 500sma, also part of a larger correction.
2005 - Price went down to the 500sma
2004 - Price went down to the 400sma
I will post notes below the main chart with screenshots to these other times mentioned.
The 10 and 20sma's crossed below the 200 Mid-March, and we found support at the 400sma. I looked at 13 past tops or major corrections, and only 2/13 times did we bottom at the 400sma. I'm thinking at a minimum, we pull back to 24,100 and see how price responds. If the 10sma can sustain mostly above the 20sma and price holds above 24,100 then a bullish case can start forming. But not yet. Personally, I think we just saw capitulation to the upside, but this is a weird chart.
In these 9 instances when the 10sma and 20sma crossed below the 200sma -- which has happened 3 weeks ago --
2025, 2022, 2020, 2018, 2016, 2015, 2008, 2006, 2000.
In these 4 instances, price still went down to lower lows, but not quite as extreme:
2012, where price did not have much of a relief rally as we saw this week, and only retraced down to the 400sma. I would argue that this move in 2012 was just part of a larger correction.
2011 - price went down to the 500sma, also part of a larger correction.
2005 - Price went down to the 500sma
2004 - Price went down to the 400sma
註釋
2025註釋
2022註釋
2020註釋
2018註釋
2015 & 2016註釋
2012註釋
2011註釋
2010註釋
2008註釋
2006註釋
2004 and 2005註釋
2000
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。