- Where we are right now I have a +/- 10% range each way this is where I think we will realistically stay until , nearer the 2020 election where I will re-evaluate , based on data, I think the downward pull of confluence i.e Debt, Low profit, trade, will always be mitigated, by some policy or at least attempted to be mitigated.
Anyway , some issue with the 10% is that it is an arbitrary number and we have seen a 15% drop already earlier this year, while this could happen again, I think there is enough interest in keeping the markets high
Below I have taken the 2008 percentage crash from peak and applied it to now and have a wide net of time this can be applicable , this is just to show where I think we could go to based on history.
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.