DJI about to retreat from interim high and deep dive!
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As in recent financial crisis we saw a rebound from the initial drop. Expect the DJI and overall the markets to now take a (deep) dive again. How far down? I would forecast total decline to 50% or even up to 80%. The measurements taken to supposedly prevent a catastrophy caused by SARS-CoV-2 will now bring an ensured financial crisis. The All-In Bubble is now being blown up by all the extra debt and stimimuls packages. A guaranteed and in my view well calculated effort to bring about a change in the financial system.
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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.