70-75 Day Average Downtrends
Looking back the last market downturns I was curious how long each one lasted roughly. Interesting enough they were all about 70-75 days longs. We have currently been in a down trend for 70 days. Could that mean we are going to see a rally to the upside? Interested to see how this plays out. If we continue to hold the 1000$ support like, I think its just a matter of time before we push up.
Disclaimer
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.