RSI Div & Stock Market Crashes

Updated

RSI Div Indicator
- Dot Com Crash
- Financial Crisis
- Next crash is coming soon

Note

Technical:
- Stock lost an important 382 fib level from the 2016 low.
- Price structure making lower low than the Feb 2018 low.
- Yield curve inversion
Fundamental:
- The Fed won't stop the rate hike
- Government shutdown concern
- Trade wars
- Home value declining

Note

Increasing sale volume

Note

3 bear targets (support zones) using fibs, volume profile, and price structures
1. 2081.56 (~30%)
2. 1810.10 (~40%)
3. 1523.57 (~50%)
The bottom should be at least 50% of the highest price to finish off the bear cycle (no real gain since 2000) It's a validation for the next 15 years bull cycle.

st3wang

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