Hello friends of trading View!
I'm Gustavo Correa and I come to bring you another study on past and future correlations.
Look at this monthly chart:
We have just below the MACD indicator set at 5/15/9. See the particularities of these four moments when the MACD was negative and crossed to positive.
👉🏼 From left to right we see Bearmarket. Right after a crossing pointed out by the red circle, we observe a jump of 159%.
👉🏼In the second event, in May 2020, as soon as there was a crossing, there was a jump of 562%
👉🏼In the third event, on September 21, there was a crossing and then a 45% jump.
Now see what a beautiful thing! A new event like the previous 3 is taking place. The crossover has already occurred and so far there has been a 23% jump.
Will we see a violent bullish move, bigger than past events?
The real thing is that Bullmarket has already started and we already have more than 80% appreciation so far.
What do you think of this idea?
Comment down below and see you next time!