Hello friends,
I hope this finds you well.
Dow Jones is currently rebounding from last month.
It appears to be playing out a very familiar pattern of 08-09 crisis.
I believe we will see 2nd wave down.
The Dow shed 6000 points in the financial crisis 08-09.
Right now with the amount of fear in the market I wouldn’t be surprised if we 2x that of what occurred in 08-09.
Happy trading friends -
Disclaimer- this is NOT financial advise- it’s pure chart speculation.