Really hope im wrong. 1929 vs 2022

Fed stepped in and printed money in 1929. Fed stepped in and printed money at the covid lows. Charts look identical in structure minus the new all time highs in 2021.

Massive speculation at the top in 1929. Massive speculation at the top in 2021.

Everyone was acting rich driving around their new Ford Model T's in 1929. Every one was driving around there new Tesla Model 3 in 2021

Bearish engulfing 6month in 1929. Bearish engulfing 6 month in 2022.


Lots of similarities that are hard to not see.
1929Chart PatternsdowjonesSPX (S&P 500 Index)

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