It seems in 2021, anytime we have had a long weekend, it has been followed by a correction between 1.5 - 5.5%.
Another important historical data that makes it more likely is September performance!
The average monthly historical return of S&P 500 between 1950-2017, shows September is the worst month of the year..!(Investopedia)
I believe a 2-4% correction could be the most probable scenario in the coming week..!
What is Chaos Theory?
Chaos theory is a mathematical concept that explains that it is possible to get random results from normal equations. The main precept behind this theory is the underlying notion of small occurrences significantly affecting the outcomes of seemingly unrelated events. Chaos theory is also referred to as "non-linear dynamics."
What is the chaos theory equation?
Chaos theory is an interdisciplinary theory stating that within the apparent randomness of chaotic complex systems, there are underlying patterns, interconnectedness, constant feedback loops, repetition, self-similarity, fractals, and self-organization.
Moshkelgosha
Looking at my previous article just before corrections happens would be interesting for you:
1- Feb 17, 2021
2- March 15, 2021
3- April 29, 2021
4- July 8, 2021
Another important historical data that makes it more likely is September performance!
The average monthly historical return of S&P 500 between 1950-2017, shows September is the worst month of the year..!(Investopedia)
I believe a 2-4% correction could be the most probable scenario in the coming week..!
What is Chaos Theory?
Chaos theory is a mathematical concept that explains that it is possible to get random results from normal equations. The main precept behind this theory is the underlying notion of small occurrences significantly affecting the outcomes of seemingly unrelated events. Chaos theory is also referred to as "non-linear dynamics."
What is the chaos theory equation?
Chaos theory is an interdisciplinary theory stating that within the apparent randomness of chaotic complex systems, there are underlying patterns, interconnectedness, constant feedback loops, repetition, self-similarity, fractals, and self-organization.
Moshkelgosha
Looking at my previous article just before corrections happens would be interesting for you:
1- Feb 17, 2021
2- March 15, 2021
3- April 29, 2021
4- July 8, 2021
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Published during market hours, released with delay ..!
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A spinning top is a candlestick pattern that has a short real body that's vertically centered between long upper and lower shadows. The candlestick pattern represents indecision about the future direction of the asset. It means that neither buyers nor sellers could gain the upper hand.
A candlestick pattern forms when the buyers push the price up during a given time period, and the sellers push the price down during the same time period, but ultimately the closing price ended up very close to the open. After a strong price advance or decline, spinning tops can signal a potential price reversal if the candle that follows confirms. A spinning top can have a close above or below the open, but the two prices are always close together.(investopedia)