3309 Drysdale Ct
Edwardsville, IL 62025
In the whole 2009 to 2022 rally every significant drawdown on this monthly chart was met with new highs at most 6 months after the drawdown completed.
The latest rally from October 2022 to August 2023 lasted 10 months...... but still no new high.
The drawdown in 2022 lasted 10 months - the longest since before March 2009 (albeit 2015 had a 9 month drawdown).
Very simple analysis.... but tells us something.
Don't forget the declining interest rate tailwind that's over.
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In the whole 2009 to
Posted by nicolat00 on 31st of Oct 2023 at 11:08 pm
In the whole 2009 to 2022 rally every significant drawdown on this monthly chart was met with new highs at most 6 months after the drawdown completed.
The latest rally from October 2022 to August 2023 lasted 10 months...... but still no new high.
The drawdown in 2022 lasted 10 months - the longest since before March 2009 (albeit 2015 had a 9 month drawdown).
Very simple analysis.... but tells us something.
Don't forget the declining interest
Posted by jhbernstein on 1st of Nov 2023 at 07:23 am
Don't forget the declining interest rate tailwind that's over.