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%.
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%.
Nota
Look at my other Dow jones analysis to see my short term anaysis on our topping structure for Dow Jones 
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.