mate76

Dow Jones since 1915

Short
DJCFD:DJI   Dow Jones Industrial Average Index
I think that 2020- Recession shouln't be so bad as Great Depression. Look how high it has jumped out of the channel in 1920s and that's why it sunk so deep below the channel during Depression.
2009-2020 bull run wasn't so over the top as 1920s. Now DJI should go down some below the channel and after crossing the ring we will go up but not as much as in recent run. Just have to wait for red RSI now...

Comments

A low of 15k-16k would be about right in the near term. Perhaps 5k in 10 years.
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