since 1945
23 cases in 68 years
Trading ranges in rising market accounted for 7 cases.
See 1980, 1982, 1984, 1986, 1988, 1992 and 2004
3/7/1945 DJI fell from 2% upper band to 3.5% lower band, then rose strongly.
10/15/1946 DJI fell from 3.5% upper band to 3.5% lower band, then rose back to upper band
11/4/1946 DJI fell from 3.5% upper band to 3.5% lower band, then rose back up past upper band,
7/25/1947 DJI fell 6% and then went back up to previous highs.
11/19/1958 DJI fell from 2.9% upper band to lower 3.5% band and then started bull market.
6/3/1963
DJI fell 6% and then went back up past previous highs.
10/29/1963 DJI fell 6% and then went back up past previous highs. (JFK
assassination)
9/22/1980 DJI fell 6% and then went back to upper band.
Trading Range
11/4/1982 DJI fell from
3.8% upper band to 3.5% lower band,
then rose back to upper band.
Trading Range
11/6/1984 DJI fell 6% and then went back up past previous highs.
Trading Range
3/27/1986 DJI fell
from 4.1% upper band to 3.5% lower band,
then rose back up past upper band,
11/6/1986 DJI fell from 3.4% upper
band to 3.5% lower band, then rose back
up past upper band,
Trading Range
6/22/1986 DJI fell
from 4.2% upper band by 8%t o 3.8% lower band, then rose back up past upper band,
Rising Trading Range.
12/24/1991 DJI fell 6% and then rose sharply.
9/15/1992 DJI fell 6% and then rose sharply.
7/30/1997 DJI fell
from 3.4% upper band to 3.5% lower band,
then rose back to upper band,
5/13/1999 DJI fell 6% and then rose back to upper band.
4/11/2000 DJI fell
from 3.6% upper band to 6.4% lower band,
then rose back up past upper band,
12/6/2000 DJI fell 6% and then rose back to upper band.
11/29/2003 DJI fell from 3.3%
upper band to 3.5% lower band, then
rose back to uppper band.
6/23/2004 DJI fell 6% and then rose back to upper band.
Falling Trading Range
3/4/2005 DJI fell 8% and then rose gradually back to upper band.
10/27/2011 DJI fell
from 7.0% upper band to 5.4% lower band,
then rose back to upper band,
