So far the market is going according to the plan from 2008-9, downward was just 15% deeper. Yesterday and today we will see huge jump up to 23800 and then back to the deep blue. I should recalculate my risk in 60 CDF short positions to not kicked out from big play. And guess what - Tradingview don't show me data later than 2010! Why?
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Edit: DJI CDF Wall Street doesn't show data before 2010
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So far so good, in 4 days 25% up to 22665! Would anyone have believed it on Monday? I'm in deep minus because started short too early. My excel shows that level 25300 will we the last level before margin call. Good Luck for all
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Till now 2008 scenario is good to compare. Still strong sort in positions.
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Better snaphot from today graph
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Risk management first! I'm on heat.
Market returning fast to Fibo 0,5 level. 2008 was that level very quick resistant already after 2 days, now it finally seems to be happening @23900. My margin level is 24400, very close. When compare with % then the first two cycles so far 2008 2020 -33% -38% +24% +29% Nice mathematics to all!