CryptoAndy85

US30. Get ready to shake hard

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CryptoAndy85 Updated   
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Hi Folks,

just few words...the bubble will finally burst soon, and Quantitative Easing will not stop what's already written by market structure.

2M is bad..3M even worst.

Big depression times coming over, better get ready..



Please share your opinions in the comments below, and thanks for reading :)
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Hi Folks,

Just a quick update regarding current situation:As we've seen DJI last week tried to get through 0.5 Fib where,after a deep immersion into the level,it had a strong reaction with pull back above 32,500$. DJI is currently gaining massive liquidity in order to make a breakthrough of the level 0.5 and reach the first strong support level,where possibly we may get a properly movement throughout this technical support before another strong pull back.
As Mati Greenspan stated on Twitter on May 17th the current decline since the ATH is about 7.6 trillion $(not adjusted for current inflation percentage),which is the highest drop of the last 20 years for the DJI.
But looking at the numbers below we can understand clearly that a recession scenario is more than expected for the months to come:
Dot-Com Bubble(early 2000): -4.6 Trillion $
Global Financial Crisis(2007): -2.3 Trillion $
Covid-19 Selloff(2020): - 4.4 Trillion $
Current Decline: -7.6 Trillion $

Please share your opinion in the comments below,and give a like if you agree with the idea. Thanks for reading :)
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