The confluence of matching points we have between the market of 1929 and our current market have gotten to be scarily similar over the last 5 - 10 years.

For us to match the DJI of 1929 we'd need;

  • A slow uptrend with regular pullbacks/crashes.
    A couple 50% crashes spaced a bit apart from each other.
    A breakout of the high of these crashes into a sheer up-trend.
    This uptrend to run a bit over 300% before it started to show warning signals.


This is an unlikely series of events that has not happened before. What we're seeing in the US indices now is a signal seen once in this lifetime (For most of us).

See matching analysis
DJI of 1929 vrs DJI of 2021 - Current DJI
Chart PatternsTrend AnalysisWave Analysis

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