Using previous dates of major market corrections to try and determine the next market correction (crash). Using major crashes I concluded the amount of bars it took from one correction to the next, and created a regression equation to conclude the next predicted market crash.
660/258 = 2.55 258/132 = 1.95 132/x = x
2.55 1.95 ≈0.7647
1.95×0.7647≈1.49
132/x = 1.49 x≈88.59 x= 88 Bars +-1
= Monday May 3rd 2027
This is just an idea, does not hold much weight, just thought I would publish to keep a record of my idea.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.