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 1929
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 1929
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Penerbitan berkaitan
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.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Penerbitan berkaitan
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.