TVC:DJI   Dow Jones Industrial Average Index
curiously the pattern that offers them today the main index ( dow jones, DJI ) of America seen from a distant perspective is undoubtedly very similar to a similar behavior registered in "29, ( this is only a visual and graphic exercise and absolutely nothing else¡¡ )
well if we put attention we can see that before the super hike there were two historical max with their respective corrections ( the second greater than the first ).
placing as the previous pattern of "29, taking as basement the base of the first maximum, and its total maximum the second maximum. place just as in the previous exercise simply a fibo numbers, with extension, the outcome is almost exactly or very visually similar. only that we refer to the graphs of "29, this last rise should go up a bit more to 476%,(¡) so that way to reach the maximum of the past that was that number, today is 261%, ... well not the other point that this is just a graphic and visual conjecture and nothing else ok. / ( otherwise the figures are not 100% = equal, but they offer a very similar behavior to date, very similar : Yes ) // note,:: please teke a look of the chart link here ( of 1929 ) .

Related Ideas

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.