
Taking a look at the Dow JOnes Performance on the week of July 4th America's Independent's Day.
2003 : Up
2004 : Down [5 weeks turn around]
2005 : Up
2006 : Down [2 weeks turnaround]
2007 : Up
2008 : Down [1 week turn around]
Deep correction ends
2009 : Down [1 week turn around]
2010 : Up
2011 : Down [??]
Observations :
. Going by the up-down-up pattern since 2003, 2011 could be a down year on the week of July 4th 2011.
. But dont hold your breadth past the week, as the rebound or the contuinuation of the trend follows, 1 week
later.
. [Except for year 2004]
. Pattern stops on Year 2008 which was a down year, and 2009 was also a Down year
. followed by 2010 an Up year.
. A new Pattern unfolding ??
. Whatever it is it has been a temporary pause followed by a rally for the next few weeks.
No comments:
Post a Comment