Hurricane Low Tide #6

Today we established Low Tides #5 @ 2486.22. It is possible Hurricane Corona ended on Low Tides #4, March 23rd @ 2191.86. If Hurricane Corona is not yet over, unfortunately, we might not have seen the worst yet.

Enter Low Tide #6. Both previous hurricanes had huge receding tides that coincidentally happened on Low Tide #6:
To try to predict what a similar Low Tide #6 would do during Hurricane Corona, let's compare the other  Low Tides #6 to their respective Low Tides #4 (the most recent Low Tide during Hurricane Corona). Because High Tides #4 and #5 fall between Low Tides #4 and Low Tides #6, the drop between Low Tide #6 and Low Tide #4 was not quite as bad as the the drop between Low Tide #6 and High Tide #5:
If similar results occur, Hurricane Corona's Low Tide #6 would stop receding around the 1650 level.

Low Tide #6 was not the only huge low tide in each previous hurricane.

Perhaps the best news is that Hurricane Corona is aging (we are on our 9th tide (5 down, 4 up)) and with each day we are moving closer to the end.

    Fair winds and following seas!

    Trading Tide Levels:
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    This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.


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