DOW JONES HAVE DONE THIS BEFORE, are we going into a ressesion?
Im bullish short term, as i published in another photo, but xooming out there is so many similarities from DOW JONES's structure before the Great ressesion in the 90s.
If we are on the brink of a ressesion this could usually happen when fomo kicks in after rent cuts.
I will follow the dow jones closely! we are reaching scary territories.
I we were to do the same as under the great depression, Dow jones would fall from todays price, 39 500$ to under 7000$
In other word dow jones will in this case scenario fall faaaar more than 50%.
If we are on the brink of a ressesion this could usually happen when fomo kicks in after rent cuts.
I will follow the dow jones closely! we are reaching scary territories.
I we were to do the same as under the great depression, Dow jones would fall from todays price, 39 500$ to under 7000$
In other word dow jones will in this case scenario fall faaaar more than 50%.
Note
Look at my other Dow jones analysis to see my short term anaysis on our topping structure for Dow Jones 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.