Spiraldates.com Crash Watch

Posted: June 20th, 2013 under Stocks.

Current Market Compared To Past Crashes

I think it may be too soon after the May 22nd top for a major crash like the 1929 and 1987 crashes that took the market down 20% in a day or two. But you never know – this chart compares these past markets with the current (S&P 500) taking the high close in each market prior to each crash as a y-value of 1.0 and scaling other closing prices accordingly. You can see that 1929 and 1987 each lost about 35% in as many trading days, for an average decline of around 1%/day for two solid months. But about half of each of the 1929 and 1987 declines came in the last day or two prior to the crash bottom.

Update: Here is an article that gives a crash warning and explains the market dynamics that are at work and why a crash is much more likely now. The first part of the article is free, but the second part requires enrollment/payment.

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5 Comments »

  1. An amazing chart. When do we get July Charts. Have long followed spiral system but do not have the time. Thanks for your work,

    Comment by marty kennelly — June 21, 2013 @ 5:31 am

  2. It will be another upswing till Aug based on seasonal cycle. my2cents

    Comment by tony — June 28, 2013 @ 8:09 am

  3. I am targeting July 3-5th for the next turn back down, and it should be a third of a third wave down according to Elliott Wave which would be much farther and faster than anything seen since May 22nd…

    Comment by Admin — June 28, 2013 @ 8:34 am

  4. […] going to make a new high in a bull wave 5 continuation of the rally off the 2009 low. See also my earlier comments. Be Sociable, Share! […]

    Pingback by Spiraldates.com Crash Watch July 5th 2013 Update — July 6, 2013 @ 10:03 am

  5. tony
    when in aogust do u thing ll be the [eak and what ll be next move tnk u bijo

    Comment by bijo — August 4, 2013 @ 6:19 am

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