Sell in May & Walk Away - Round 2
"History never repeats itself but it rhymes" -Mark Twain.
Why would I base my investment thesis on a Mark Twain quote.. well because Human Investment Patterns haven't really seemed to change to much from my first introduction to the space back in 2017.
The above Fractal concept would have us start truly pumping the first week of February. (Feb 5th if following to a T pump starting from $45.938.00)
Debated setting it so the pump starts a bit earlier (this would assume we are truly bottomed rather then my current setup above showing a bit more time down at current prices)
But it gives myself a base theory to trade by as we go through the new year
Will be interesting to see how it plays out over the next few months and if we do happen to follow along the same trajectory as we just recently witnessed from our last major dump back in May of last year (2021)
Fractal puts it at $45,938.00 tomorrow January 13, 2022
Then rejection down to $38600 before we see the real pump begin at the beginning of Feb.
The Crystal Ball has spoken.
Cheers
-Captain
Why would I base my investment thesis on a Mark Twain quote.. well because Human Investment Patterns haven't really seemed to change to much from my first introduction to the space back in 2017.
The above Fractal concept would have us start truly pumping the first week of February. (Feb 5th if following to a T pump starting from $45.938.00)
Debated setting it so the pump starts a bit earlier (this would assume we are truly bottomed rather then my current setup above showing a bit more time down at current prices)
But it gives myself a base theory to trade by as we go through the new year
Will be interesting to see how it plays out over the next few months and if we do happen to follow along the same trajectory as we just recently witnessed from our last major dump back in May of last year (2021)
Fractal puts it at $45,938.00 tomorrow January 13, 2022
Then rejection down to $38600 before we see the real pump begin at the beginning of Feb.
The Crystal Ball has spoken.
Cheers
-Captain
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