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May 10th 2019 - A Big Day for Stocks

Stock-Markets / Stock Markets 2019 May 09, 2019 - 11:56 AM GMT

By: readtheticker

Stock-Markets

This Friday (May 10th 2019) TRUMPs red line on the China trade talk will move stocks. Will trends break?

readtheticker.com correlation Period Scan tool suggest it will be either OutPut1 or OutPut2. Of course correlation is not causation, but a equity market trend of 10 years may soon find its end.

95% correlation scans are always interesting.


OutPut1
- Bear market
- China does not yield
- Trump imposes trade restrictions

OutPut2
- Bull market
- China looks to make a deal

Data: Selection

OutPut1 - 96.98% match.


OutPut2 - 97.46% match.

Pick a winner, get a free chicken dinner! Ha!

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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Readtheticker

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We are financial market enthusiast using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online stock and index charts with commentary. We are not brokers, bankers, financial planners, hedge fund traders or investment advisors, we are private investors

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