dmitch696

$DJI- Massive Crash Imminent

Short
DJ:DJI   Dow Jones Industrial Average Index
Elliot wave patterns always move in the same specific way. In a 5 wave pattern which will inevitably be followed by an ABC correction. The textbook example of the pattern is shown right below the monthly Dow Jones Chart.

The Dow Jones is a compilation of the top 30 stocks. A crash in the majority of these stocks would rock the global economy in ways that we have never seen.
By now you’ve probably been hearing people say here and there that the stock market is a bubble. They’re not the majority, but we saw the same sort of behavior during the Bitcoin rise to $20,000. Which was, of course, a massive bubble. These views should be taken seriously.

Because of the way that the Elliot wave works it is impossible for there to not be a massive ABC correction to follow, which could potentially last for decades.

Instagram: @Crypto_Planet_VIP
Website: Cryptoplanet.cash
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.