Hmm..... SP500 30% drop from ATH. Results of looking at when market closed below weekly MA dating back to the last pandemic to find best match. Note: one MACD based on close & the other on 100 MA. NOT ADVICE, DYOR.
Comment:
Drop of 21.29 from 72.64 = -29.31% period
Don't know how Trading View gave me two different calculations. Therefore, I'm sticking with original tweet of a 30% drop.
If somebody gets a different figure post it here with how calculated.
Don't know how Trading View gave me two different calculations. Therefore, I'm sticking with original tweet of a 30% drop.
If somebody gets a different figure post it here with how calculated.
Comment:
Comment:
Here is explanation about confusion mentioned above about whether 30% or 40% drop using Trading View tool (Arrow)
Trading View tool didn't calculate it properly. Don't know why.
Will try and redo and see if can get the tool to work properly - check it out for yourselves. See if it works on your account.