UnknownUnicorn5971148

To big to fail? Basic analysis of WallStreet DOW

Short
FX:US30   Dow Jones Industrial Average Index
Basic fibo targets shown in the graph.

Next focus is on 25.400 retrace soon.

More massive overheating is possible via FED stimulus, but not preferred. Mentioned here the basic RSI signal.

Basic Economy:

Massive jobless since Corona outbreak 2019 -> even good recovery news can't fix that problem.
Massive upcoming company insolvent time is up to the next months.
Massive housing crisis is up to the screen up to the next months causes of jobless and credit overheating.

Finally basic analysis points out a recession. So take care to invest in this exponentially gain.
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