Historic data of stocks trading above/below their 200 MA. Jan '21 almost 90% of stocks traded above their 200 MA. Currently, 32% of stocks trade below their 200 MA. Although this downtrend is likely
to continue. Historically speaking, stocks could see a reversal of the trend in the next 3 to 12 months.
Traders/Analysts need to be market historians we determine a markets probable course by studying its history. The more historical evidence we have the greater the chance we can determining market direction. In December 2018 the US stock market had powerful signals from all four market dimensions.
1) Price: My 12/24/18 post noted the NYA had reached long term...
Historical data can be hard to compare against modern ones.
The longer back an analyst goes, the better the results of their analysis.
100 years of yield rate analysis may seem enough...
5000 years of interest rates however is a whole new story.
Money has been as cheap as it has been for the past 5000 years. Incredible numbers...
Source: ...
Historical data suggests GBPUSD has certain seasonal tendencies within it's calendar year, April being the best in terms of its strength and August being the weakest.
Current economic situations and amidst these SVB collapse, rising inflation and expected recession suggests difficult days ahead for DXY. When we look at the DXY it loosing strength which...
Mapping the 2018-20-2020 bear market with adjusted time scale and support levels, we can see that a move back into the 28k-42k range is possible for BTC.
I see sideways movement in that range for a while, as I believe it is a fair price for the asset to date.
Many factors support this:
- Economic growth starting in tech companies
- British Prime minister PRO...
Historical data are very important, we cannot ignore them as a source of reference, especially on large timeframes like Day or above.
Currently, Bitcoin is trading at $19,419 after a surge of nearly 2% in the last 24hrs. Meanwhile, the same is with Ethereum, Cardano, Solana, Polygon among others, especially low-cap tokens last 48 hrs. Comparing Bitcoin’s price...
Historical data of gold shows that September has always been a very significant gain month for this particular commodity. Using this we can create some confluence and frame what is going on right now.
From just a raw price action standpoint gold looks to have created a local bottom, with a nice double bottom formation, having the 2nd low being higher than the...
Historical data suggests that HoY could land on 14 March, plus or minus a couple of day. I'm hoping for 1990. But of course past performance is not an indication of future performance and all that...
davidb31- CEO@The Grand Nagus Unlimited Ltd.😂
10 Rules of Trading:
Once you smell their money, requisition it.
Once you have their money, never give it back.
Never...
Historical data shows that bitcoin is currently at a critical zone. The green line is the level which has previously acted as a "resistance becoming support".
So far, the price has bounced off of that level, although the last candle does not signal a reversal of current downfall. Therefore, the conservative approach is to assume that the price will follow the...
Historical data shows that $145.90/$146 price region ( area with the red sad face ) has been a key resistance area for Litecoin (LTC). As a matter of fact, LTC attempted breaking that resistance in June 2019 but failed, due to the lack of trading volume ( red area below the graph I have highlighted in red with a red arrow ).
In January this year, Litecoin finally...
HISTORICAL DATA SUGGESTS MOST CRASH OCCUR IN A DECADE AFTER DOUBLING INDEX .....EARLIER AFTER CRASH IN 2008 NIFTY DOUBLE ...IN 2019 CRASHED .... AGAIN DOUBLE IN 1 YEAR....NEXT POSSIBLE CRASH SCENARIO WILL BE 2029/2030.... BUT RETRACEMENT WILL DEFINITELY OCCUR MAXIMUM TILL 12000/12300.... INVESTER CAN
ACCUMULATE ACCORDINGLY....NEXT POSSIBLE CRASH LEVEL 24000
......
