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RHTrading
Feb 8, 2018 9:52 PM

DJI Fractals 

Dow Jones Industrial Average IndexDJ

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DJI

I'm not trying to stroke any fear. I never have set out to do that. I do occasionally look at longer term fractals though, and this was found on the weekly going back to the 80's. There is a strikingly similar price movement in both percentage risen and timeline. After this large drop in the 80's the market went on to double. But this was a significant drop nevertheless. It did spike up for a day or two to retest the highs after an initial decline. Thought I'd share here. Hope everyone's doing well through these volatile last few days.

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评论

Looks like we've gotten that pullback I mentioned?

"It did spike up for a day or two to retest the highs after an initial decline"
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GratuitousMastication
That would be brutal
RHTrading
@GratuitousMastication, The retest back up is kind of making me nervous. Fractals are on the lower end of my technical spectrum, but I do look at historical references like this occasionally
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