Indice S&P 500Short
The last dead cat bounce.
A chart to track Milton Berge's theory. It states that before a major bear market crash the market would drop 8-10 percent, followed by a quick 50-68% retracement. This pattern would confirm the end of wave 2 in Eliot Wave and signal beginning the fastest drop in stock in the crash.
It would coincide with a rise or levelling off in Bond prices (drop in yields), fall in Gold and Oil and other commodities.
It would coincide with a rise or levelling off in Bond prices (drop in yields), fall in Gold and Oil and other commodities.
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