What if the Great Depression were to happen again? Have a look....we are talking DOW at $3000.00 View the post that is titled "Brace for Impact" before commenting....
The Dow Jones Industrial Average(DJI) closed at $19,989, down -6.3% today and fell below the $20,000 level for the first time since 2016 meaning that stocks have now given back all of the gains made in the past 4 years. The market is now down -32% from the all-time high of $29,568 made on February 12th meaning that it has taken a little over a month to wipe out...
DJI - GO LONG FOR A GREAT RR BY 26 MARCH 2020
I am not an expert TA or Analyst. These messages are based on my own knowledge, research, and learnings. I may be wrong or I may be right but this is how I see the current market during a crisis within a crisis (financial & health crisis). The sentiment speaks what the chart is telling us and currently, we are in FEAR & UNCERTAINTY or the people finally awake how...
Closing the gap +10% till March 18
The world is shutting down. People aren't able to make money. Companies can't make money. The fed is lending as much as it can and giving banks the power to print cash with no reserves limit. Loans will begin to default. Inflation will run rampant, yet people will want what little cash they still have. Fear will rule. The global system will collapse without a...
The Dow Jones saw another massive decline today, down -13% and nearly $3,000 in a single session making this the new record one-day point decline in history for the Dow and smashing the previous record of -$2,000 which was made last week. High volatility has been expected over the past two weeks and we are getting it in extraordinary fashion as traders appear to...
Oh boy, tomorrow's open is gonna be a doozie. Let's examine where we can go. -that last hour is ugly. Any bids looking for a sale are shook. -potus answered a question about a possible recession, to which he said maybe, and of course the times have run a headline saying he said this on his own accord; in reality he was brushing off a question that wasnt related...
DJI reached the fifth and last wave of a grand super-cycle that began in 1932. The first stop should be below 18,000 points and after an upward correction it should go further down below 10,000 points
After capitulating through the trend line on thursday, the last 30 min ramp back to re-test the line on friday
Detail @ The Chart
Original SPX chart: Original Dow Jonse chart: