2016 Buying Opportunity ?

 

The above charts are from the post on:

Friday, March 4, 2016

2016 Bear or Bull ?

The years discussed in the March 4,2016 post were 1970, 1974-75, 1982-83, 1984-85, 1987-88, 2002-03 and 2011-12.   
Above each of those charts start at the black oval around the thrust dates.  What is very interesting, when you line up all the years from that beginning point you can easily see when the market made a higher or lower bottom in the next 30-60 +/- days.  These bottoms are highlighted in yellow vertical lines.  If one could not get in near the bottom, then these dates were the next buying opportunity before the market moved higher.  Go back to the post on March 4,2016 to see the chart data in each of these periods.   The market was higher 12 months from the 3-4 consecutive up days of at least 1.50%.

Again the chart of the Average Election Years is shown so you can see the similarity in the price movement in the charts above as compared to the chart below.  The starting points of the charts above maybe compared to mid February in the chart below and in the chart of 2016 since a bottom was last made on Feb 11,2016.
So far, 2016 is following these patterns fairly close.  It is not certain that this will continue, but, it is likely that it might.  These charts are not to be used as trading or investing signals.  They are only a guide to show you what has happened in the past.

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results