Get started
Dow Jones Industrial Average Index

The last hurrah: 1929 All over again

By ambrosia
Updated
There are many differences between now and then (Federal reserve, quantitative easing, negative interest rates) but these charts look eerily similar
Comment
snapshot
The % drops are very similar!
Comment
Right on track but the timing is a little off. A good catalyst for the drop would be Trump losing the election... though can't imagine who could beat him. Bernie, Yang, or Tulsi would have fighting chances.
Comment
Despite the Coronavirus outbreak this market pushes higher.
I thought the Coronavirus could be a catalyst, but I guess not... yet.
Comment
It looks like the Coronavirus is the catalyst. Targets are Dec 2018 lows, 2016 election levels, and worst case 2012 highs.
Comment
Limit down on everything... it's about to hit the fan! Buckle your seat belts (and fasten your masks!)
Comment
snapshot
Comment
Bouncing but this won't last long. I expect a peak next week if it hasn't peaked already.
snapshot
1929Beyond Technical AnalysisChart PatternscrashDJITrend Analysis
ambrosia
Also on:

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.