Remember when we talked about market crashes?
>How can I forget. You predicted a crash on June 17 and ...
Please forget that, okay? I should restrict myself to predicting crashes after the event, like everybuddy else.
>So? I assume you'd got another spreadsheet?
Of course, but this time we'll look at candlestick patterns before a crash.
>And is there a particular pattern before a crash?
I leave that up to you.
| |
Click on the picture (below) to download the spreadsheet, then pick some ending date and move the slider to scan the patterns ...
>I see the 1987 crash! I also see a pattern which looks like ...
Don't tell me! I don't want to know.
You can control the number of Days Back with a slider.
(That'll move the 3-week window back and forth.)
There's also a slider called Amplify that'll rescale the candlesticks, increasing the size of those that are associated with larger volumes.
The amount of rescaling is controlled by that slider and ...
>Is that useful?
I have no idea. If you don't find it useful, ignore it.
>I intend to!
|