Tuesday 7 May 2019

May 10th 2019 - A Big Day for Stocks

This Friday (May 10th 2019) TRUMPs red line on the China trade talk will move stocks. Will trends break?
image1

readtheticker.com correlation Period Scan tool suggest it will be either OutPut1 or OutPut2. Of course correlation is not causation, but a equity market trend of 10 years may soon find its end. 

95% correlation cans are always interesting.

OutPut1
- Bear market
- China does not yield
- Trump imposes trade restrictions


OutPut2
- Bull market
- China looks to make a deal


Data: Selection

SPY



OutPut1 - 96.98% match.


Out1




OutPut2 - 97.46% match.


Out2



Pick a winner, get a free chicken dinner! Ha!



Original Post: http://bit.ly/2DWom8H

No comments:

Post a Comment