Was this now already signaled the beginning of recovery?
The extreme right price gains in some EW show that some market participants "and most of them now as if there were no tomorrow.
If you look, however, an evolution of SMI by 2001 - 2003 in one can see that an external event (terrorist attacks in 2001, collapse of "too big to fail" institutions, 2008) often marks the low point. It is very possible that the recovery from the lows for the first time following a tedious sideways market.
0 comments:
Post a Comment