Dow Jones (DJI) Reasons To Start Worrying

26 בפבר׳ 2020

6000 points drop this Monday,
gap has not closed and the crowd does not buy on dips.

technically speaking, the underlined area on the chart is our barometer for the nearest future.

either panic will disperse and the market will recover
or
current support will be broken to the downside and it will open the potential for massive selloff.

trust me, the majority of the market participants is currently "keeps a finger on the pulse",
and with breakout margin calls will be triggered!

I am still trying to be optimistic but not blind, so I will keep watching the index performance closely!

what is your view?
are you optimist or pessimist?