Sometimes one needs to take a step back to see the bigger picture on what is going, to learn from the past and start making plans of actions on what to do next ✌
1929 Crash (Wikipedia article)
en.wikipedia.org
1987 Black Monday Crash (Wikipedia article)
en.wikipedia.org(1987)
1999-2000 Dot-Com Bubble (Wikipedia article)
en.wikipedia.org
2007-2008 Subprime...
This is a simple Elliot Impulsive/ Correction Wave analysis of a hypothetical upcoming market recession based on the Dow Jones Industrial Average. The crash is modeled after the 2007 - 2009 Sub-prime mortgage crisis.
This projection is based on the assumption that the ABC correction wave will drop lower then the (2) impulsive mark by -12.85%. The A B points are...