From my previous post, you would know i advocate Richard Ney's investment metrics. Then again, who would say no to wise words from a former specialist?
The technical jargon aside (you can find them in his works), I've been wondering of what "economic crises" would qualify for the Composite Men at the floor of the NYSE. Maybe a housing bubble, a pandemic, or more...
From Richard Ney's insider experience written in his books "The Wall Street Gang" and "Making it in the market", we can make out an acute channel of 22 degrees measured with 2018 bear season, using the logarithmic chart. This is still respected relatively well to this day.
Ultra High Volume around 20k suggests specialist buying. Furthermore, with BTC consistently...
