Hello everybody,
I am seeing a lot of harmonic numbers pointing towards the 25000 level on Dow Jones. I believe if we are in a bear market, between 24000-25000 will be where the potential big money people will be spoon feeding the market. If we have another leg for the down side, i believe the bottom will come in when everybody is hopeless and fearful and desperate as there wont be enough ventilators for all at least in many developing countries. To be exact, bottom might be around 15308 or 14166 if we have that other leg for the downside.
I still see corona cases increasing . I see the exact disconnect between the markets and the corona cases that i saw on 19th of February 2020 where i called the Top in SP500.
DO YOU OWN RESEARCH. IF BULL IS ON, WE WILL BREAK THESE RESISTANCE. ALWAYS HAVE STOPS. DONT BET MORE THAN 5%. PLAY FROM A POSITION OF STRENGTH.
Best wishes
Sincerily
Bo Bugra Sukas