As described in chart
1. Market is in blue area, similar to lead up to 1929, 2001 & 2008 crashes
2. Trend line last 6 years suggests next move down will be lower low (this time will be big)
3. MACD suggests increasing volatility since 2016 - next move will be volatile likely with a small volatile move beforehand
1. Market is in blue area, similar to lead up to 1929, 2001 & 2008 crashes
2. Trend line last 6 years suggests next move down will be lower low (this time will be big)
3. MACD suggests increasing volatility since 2016 - next move will be volatile likely with a small volatile move beforehand
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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.