A closer look at the timing of Congressional military support resolutions, daily fear and greed readings, and block trading patterns revealed the following observations.
- S&P500 chart structure Fibonacci measurements for the move down in October 2023 are similar to what was developed in October 2002.
- CNN Fear and Greed Index readings between October 3, 2023 and October 27, 2023 are similar to what occurred between September 29, 2022 and October 11, 2022.
- Very large block trade patterns between September 21, 2023 and October 27, 2023 are similar to trade patterns between September 19, 2022 and October 10, 2022.
Stock charts courtesy of StockCharts.com.
