A similar situation is happening now. Then a breakthrough of the uptrend line, price fixing below the uptrend line and another -81.5% market fall. Previous highs were updated only after 25 years.
The situation on the Dow Jones now. A very similar schedule as in 1930. It is important how the price will react near the uptrend line, which will act as a support. If there is a breakdown of the uptrend line and the price consolidates below it, a very dangerous situation will arise like in 1930 and a complete collapse of the US economy. Let's hope this does not happen.
My former trading idea is an indicator. Published in April 2019. Which gave a signal of a market reversal before its fall. The relationship of the Dow Jones and the Fed% rate We are ahead of the financial crisis.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.