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CarpeMomentum
9 kwi 2020 20:11

DJI about to retreat from interim high and deep dive! Short

Dow Jones Industrial Average IndexTVC

Opis

As in recent financial crisis we saw a rebound from the initial drop. Expect the DJI and overall the markets to now take a (deep) dive again.
How far down? I would forecast total decline to 50% or even up to 80%.
The measurements taken to supposedly prevent a catastrophy caused by SARS-CoV-2 will now bring an ensured financial crisis.
The All-In Bubble is now being blown up by all the extra debt and stimimuls packages. A guaranteed and in my view well calculated effort to bring about a change in the financial system.
Komentarze
ttk100
The rebound to fib 618 is usually in 90% of the cases if it got as far as the 50% fib
CarpeMomentum
@ttk100, well as for today it looks like a close below the 50% fib
LEKINOS
could pump more with endless QE - s&p up to 2999 not out of the picture
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