Fascinating chart showing the bell curve of historical 55 week rallies in (not quite) deciles. The present rally ranks in the top 1% of all 55 week rallies.
For context, I’d like to see a way to normalize the data — or at the very least, compare the rally to the 55 weeks prior to its beginning. I assume the second ratio would be contextually informative.
Nonetheless, this is an interesting chart:
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55 Week Rallies Distribution of Gains
click for larger graphic
Chart courtesy of The Chart Store
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