Dow Jones Industrial Index (November 5th 2020 through February 9th 2021)
Low: 20,357 points
High: 30,701 points
I still think that there is a crash coming, it may end up surprising a lot of people yet again just like March did this year.
There is a lot of uncertainty right now, especially with the US 2020 election. From what it looks like to me, Trump is supposed to win naturally, but there are a lot of rumors of fraudulent voting. Supposedly, the national guard is overseeing some of the official election stuff, and there are even bigger rumors that Biden has been getting fraudulent votes for him. Trump has told everyone that he wouldn't trust a Biden win and will call for re-counts in states that seem most suspicious. I believe that could still be coming, and something like that could trigger major distrust and volatility in the markets.
This could end up being wrong, but its 1 of 3 scenarios that seem realistic to me. Either way, I'll be avidly watching (and waiting.)
You can check below for related chart ideas, I have a feeling those are about to be wrong anyways.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: 20,357 points
High: 30,701 points
I still think that there is a crash coming, it may end up surprising a lot of people yet again just like March did this year.
There is a lot of uncertainty right now, especially with the US 2020 election. From what it looks like to me, Trump is supposed to win naturally, but there are a lot of rumors of fraudulent voting. Supposedly, the national guard is overseeing some of the official election stuff, and there are even bigger rumors that Biden has been getting fraudulent votes for him. Trump has told everyone that he wouldn't trust a Biden win and will call for re-counts in states that seem most suspicious. I believe that could still be coming, and something like that could trigger major distrust and volatility in the markets.
This could end up being wrong, but its 1 of 3 scenarios that seem realistic to me. Either way, I'll be avidly watching (and waiting.)
You can check below for related chart ideas, I have a feeling those are about to be wrong anyways.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
