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
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
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
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。