Using a trendline extending from 1932 on the log scale -784 points loss after the Tech bubble of year 2000 -900 points loss after the mortgage chrisis of 2008 ... Mean average of both is 846 points 846 3025 - 846 = 2179 is support level for SPX Angle for both crashes 41 degree angle for year 2000 + 61 degrees angle for year 2008 Mean average of both is 51 degrees
Predicting the next crash using a long trendline from 1932 crash which has touched and acted as support for every other crash thereafter. Here is the data from the previous 2 crashes -784 points loss after the Tech bubble of year 2000 -900 points loss after the mortgage chrisis of 2008 ... Mean average of both is 846 points 3025 - 846 = 2179 is support level...
Tesla is at support again on the 50day Moving Month average in Algorithmic view And is holding the biggest support trendline on the regular chart
Crude oil can remain bearish if it fails to break the 200 weekly moving average
Is at a good support level. It needs to breaks 0.382% fib to show its going up.