Is There Something Going On Here? And Some Deeper Thoughts The Dow
First thing I'm noticing is the red line seems to be the support on three occasions, with three distinct periods from 2018 where the DOW dropped to the red line and recovered.
2020 Corona crash has had a somewhat perplexing recovery, which to me defies absolutely all and any logic!
It's absurd the DOW has rallied like it has given the economic horror story that's unfolding and mass unemployment, none of it remotely makes any sense.
The absurdity of the recent gains on the questionable unverified results from Gilead shows that unless you're worth at least 8 figures, have wealthy connected family or friends then you shouldn't put your money in the markets at this point.
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Personal Thoughts & Musings
Is it setting up for another far steeper drop ? The logical brain of mine thinks that nothing lasts forever and infinite unending economic growth is impossible.
In history and in nature, nothing lasts forever!
The question is how long does this go on for ?
I think we are teetering on the edge of the end of the "20th century / American" era and truly the beginning of the 21st century era, much of the way things were will slowly come to an end in another 30-50 years memories of the 20th will be like the think of the 18-19th centuries today.
The defining moment that people will say the 20th century truly died is when Queen Elizabeth II passes in the near future.
