DJIA - Looking Shaky at the 2.618
Hate to be the bearer of bad news, but the us stock market is more likely to undergo a serious correction, as apposed to an extended 2019-2020 continuation rally. Aside from the fundamentals, macroeconomic and geopolitical factors, which are also pointing to a global "risk off" environment, the TA alone shows that the 75 degree angle of this bull market is not sustainable. I am expecting a 20-30% correction to come within the next 2-3 years.
Time to start thinking defensive, and protecting that capital.
Time to start thinking defensive, and protecting that capital.
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