Equity markets are currently being artificially propped up through various means, however the dominos will start falling sooner than later. I am anticipating a Retest of the 18000 lows at the very least, but by the time price makes its way to those levels, many catalysts would have found their way into the market that would solidify the likelihood of a long term bear market. There is a probability that 14000 could be a level the Dow reaches.
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.