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Initial Dow MACD comparison 1929 vs 2020


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#1 gm_general

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Posted 23 May 2020 - 01:21 PM

I have to admit I am really rusty at Excel charting, but I managed to obtain free Dow historical data back to 1896 from a Polish web site, so I had to share my initial effort. This is the site BTW:

 

https://stooq.com/q/?s=%5edji

 

I grabbed a chunk of MACD data from each period mainly to see what percentage displacement was at the low points, and the general shape of the MACD move during the initial drops. You can see this in the below charts. Percentage-wise here is how the bottom displacements worked out:

 

1929/11/13 : MACD / index = -33.05 / 198.7 = -16.6%
 
2020/03/23 : MACD / index = -2305.89 / 18591.93 = -12.4%  
 
So 1929 was similar but more displaced.
 

Attached Thumbnails

  • Dow MACD compare.jpg


#2 gannman

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Posted 23 May 2020 - 02:33 PM

interesting this move up is stronger than 1929

 

fwiw i think we are in an impulse wave up that will take us on the next leg to 3800 area on the spx

 

which i think the 2020 chart is supporting 


feeling mellow with the yellow metal


#3 gm_general

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Posted 23 May 2020 - 03:30 PM

I added a formula to my sheet and sorted out the top percentage EMA displacements. Here are the ones over 10%:

 

0.101317344        1931-10-03
0.103007796        2020-03-19
0.103476787        1929-11-20
0.103740014        1987-10-26
0.104146518        1987-10-27
0.105563344        1987-10-28
0.106350128        2020-03-24
0.113464781        1929-11-06
0.114209021        2020-03-20
0.115037423        1929-11-07
0.116148767        1931-10-05
0.117296919        1929-11-19
0.118651238        1929-11-08
0.124026191        2020-03-23
0.129577617        1929-11-18
0.134037915        1929-11-11
0.135638992        1929-11-15
0.148875235        1929-11-12
0.150173478        1929-11-14
0.166355743        1929-11-13