Monthly: Is DOW scare drop finally on the door steps!!!
Please read earlier post if you are seeing this chart for 1st time. - The red line did dip below zero mark and we got our bounce, now the panic drop is on the door steps.... get short or get out of the way....
Path of least resistance appears to be on downside and we might get a significant drop from current level. We speculate that a drop close to 14000 (approx 20%) is viable and very much likely considering global events, however it will set a stage for next major BULL market. All this might happen in next 6-12 months so get ready for a roller coaster ride....
Path of least resistance appears to be on downside and we might get a significant drop from current level. We speculate that a drop close to 14000 (approx 20%) is viable and very much likely considering global events, however it will set a stage for next major BULL market. All this might happen in next 6-12 months so get ready for a roller coaster ride....
Related publications
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.