Trading Edges That Last
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Lawrence's Comment Recap Nasdaq is the week one out of the 3 indices this past week. As pointed out last week, NQ has strong resistance at Y-0. Thus after tagging that, ...READ MOREReal-time Commentaries 2016-12-6ES Chart 2000-07-07Hot n Cold (SPY) 2012-5-4Intraday Cycle Projection (SPY) 2022-04-063DP Odds Table (SPY) 2017-03-15Dow 30 May 14 to May 18 Outlook3DP Odds Table (SPY) 2022-06-02Precog Vision – US Indices 2018-4-17Real-time Commentaries 2016-8-31Nasdaq 100 Dec 26 to Dec 30 Outlook
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WTF Chart of the Day: USA vs. USSR
There are 2 specific crisis involving USA and countries supported by USSR / Russia.
Cuban Missile Crisis, October 14 to 18, 1962. 10% correction.
Gulf War, Operation Desert Shield portion, 2 Aug 1990 to 17 Jan 1991. 17% correction at the bottom.
If history repeat itself where Ukraine really becoming the battleground involving both US and Russia, it will induce a steep selloff. But the stock market happened to rally hard right after both crisis, so the effect is definitely temporary.
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