Saturday, May 26, 2018

Study: how long does it usually take for a 10%+ “small correction” to make new highs

Most 10%+ "small corrections" take 2-5 months to make a new high, with 7 months being the maximum. The stock market topped in January 2018.

Based on the probability distribution curve of this study, the stock market will probably make a new all time high somewhere from late-June to late-August 2018

https://bullmarkets.co/study-how-long-before-new-high/



Submitted May 26, 2018 at 04:38AM by markethistory https://ift.tt/2KWLwge

No comments:

Post a Comment