top of page
Search

Technical timing on S&P pull back

Updated: Sep 19, 2021

1929, 1974, 1987, 2008, these are years of major market crashes that we may remember and the pro-traders know about and don't forget about all the in between dates too. 1997 tech crash and 2020 Virus for example. It is also commonly known that October is a period when a sell-off or pull back is traditionally witnessed.

All these, which were not subject to a force majeure, happened in October. One would say it's the sell off before Thanks Giving or the end of summer. But it is certainly well known and a result of the a collective conscious that causes the timing.


Have a look at the below chart of the E-mini S&P500 futures contract. Similar to the actual index the pull backs are space precisely one month apart. Is this a natural phenomenon or is it deliberate?


Well, I have see this many times before in both FX, Commodities and Indices. In my opinion like the process of other technical analysis formations, it's deliberate. The professionals and very experienced traders know this and take advantage of it.


See if you can find time/date axis commonality in your charts.


 
 
 

2 Comments


Freddo Zephyr
Freddo Zephyr
Sep 16, 2021

mmmm and have you realised the correlation from 1929 and 2030 ish as well or not yet?

Like
Replying to

Yes what do you think will be the cause?

Like

© 2013, Inc. All Rights Reserved

Contact

MELBOURNE

Suite 2, Level 2,

349 Collins Street,

MELBOURNE VIC 3000

 

Tel: +61 0489 081 500

Email: team@lepusproprietarytrading.com.au

General Advice & Risk Disclaimer, Trading Risk Warning:

The information provided on this website is of a general nature only and does not take into account your objectives, financial situation, or needs. Before making any financial decision, you should consider whether the information is appropriate for your circumstances and seek independent professional advice if necessary. We do not provide personal financial advice or recommendations tailored to individual situations. Any financial products or services mentioned are for informational purposes only and do not constitute an offer, solicitation, or recommendation to buy or sell.


Trading foreign exchange and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange or futures, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading and seek advice from an independent financial adviser if you have any doubts.

Past performance of financial products is not an assurance of future performance.

Lepus Proprietary Trading is a trading name of Wolverton Investment Group Pty Ltd (ACN: 639 257 613) (Corporate Authorised Representative No. 1314535 of Australian Financial Services License 460940)

  • White Twitter Icon
  • White LinkedIn Icon
  • White Facebook Icon
bottom of page