DOW JONES HAVE DONE THIS BEFORE, are we going into a ressesion? Im bullish short term, as i published in another photo, but xooming out there is so many similarities from DOW JONES's structure before the Great ressesion in the 90s.
If we are on the brink of a ressesion this could usually happen when fomo kicks in after rent cuts.
I will follow the dow jones closely! we are reaching scary territories.
I we were to do the same as under the great depression, Dow jones would fall from todays price, 39 500$ to under 7000$
In other word dow jones will in this case scenario fall faaaar more than 50%.
