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scottybfx

Dow & 1989 Nikkei - Does History Rhyme?

Short
Dow Jones Industrial Average Index (TVC:DJI)  
scottybfx  
TVC:DJI   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Fundamental Analysis
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trendanalysis chartpattern fundamental
This chart shows the Nikkei 225 offset - pushed forward 1663 weeks. I matched up the record high of the Nikkei from December of 89' to the current high on the Dow and the price structure similarities are striking. In the US today, we've got the bubble of all bubbles. There is a hissing sound coming from my charts the last two weeks.

We all know what happened to the Nikkei following it's 89' high...



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