hummmduno OP t1_jaek1je wrote on February 28, 2023 at 9:34 PM

Reply to comment by Fibocrypto in S&P 500 analysis. by hummmduno

Your pattern analysis may be flawed if you are relying on a short and inconclusive pattern. The pattern could be a mere coincidence, so you should ask yourself whether you are following the pattern out of a personal bias or a legitimate reason. It's important to consider whether you can find other patterns that confirm yours. If you can't, your analysis may not be reliable.

grimkhor t1_jaen5pl wrote on February 28, 2023 at 9:54 PM

>The pattern could be a mere coincidence

How high up ur but is that stick that so say another mans crayons are a coincidence but ur random patterns are a fact. How about all of that is a coincidence.

hummmduno OP t1_jaenpxb wrote on February 28, 2023 at 9:58 PM

Time will tell.

Fibocrypto t1_jaelzxa wrote on February 28, 2023 at 9:46 PM

Then again I am looking out further than you are and I'm using a longer pattern and I'm showing a longer historical correlation than you are. I have backed up my pattern by including a simple indicator and I have included a timing component which will help to prove myself correct or wrong . Right or wrong the market is going to decide . I was just trying to add content to your content . I've still got 2 to 3 weeks before I take on any leveraged positions . We will know soon enough . I'm going to correct the above . We both are looking at similar durations so I take that back . Good luck and I hope we both come out ahead over the rest of the year.

hummmduno OP t1_jaen2nc wrote on February 28, 2023 at 9:53 PM

I just think that your pattern might be correlation without causation. Just look at my cyan pattern and check just how much its correlated. But we will see eventually.

Fibocrypto t1_jaewyek wrote on February 28, 2023 at 11:01 PM

My pattern is based upon the 60 year cycle. If this correlation is to continue then the Dow will basically double between now and the year 2026 and then a long term bear market would be expected. We will find out soon enough . For me and for other reasons March 20-21 and June 10 will be important to me this year and both should be some sort of a low . Your work from the little I can see kind of fit with that June period .