Market Crash is imminent. March 11. This is what the corrupt criminals running DC have been praying for, so there is absolutely no reason to think this scenario will not play itself out. What are they doing to stimulate the economy? Anything? Nope, the exact opposite. Prepare for the worst because it will probably be much worse than you thought. Look at the chart closely, the Dow literally has boxed itself into a corner with no where left to go but sideways or down and all indicators point to down. Like right now, this very minute. If it does find any support, it will only be temporary. Watch for the top blue line support, once this line fails this market is finished and my guess is for a very long time.
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Update: This chart is now outdated. As a result of today's price surge, I am updating this chart with one that will be more informative and accurate.
Guy is Wrong, 100% of the Time. You could make Money Fading him (doing the Opposite of Everything he Says).
sofearnot
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This guy has Always been wrong.
Visionary
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Great analysis. Best be prepared for the upcoming blood bath.
cldx
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@Visionary, I'm actually being optimistic with thinking this market will find any support at all. Thursday the 25th will probably see the yellow line break down to the top blue line and this will only hold for a few days.