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Indeks Rata-rata Industri Dow Jones

The last hurrah: 1929 All over again

Oleh ambrosia
Diupdate
There are many differences between now and then (Federal reserve, quantitative easing, negative interest rates) but these charts look eerily similar
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The % drops are very similar!
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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.
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Despite the Coronavirus outbreak this market pushes higher.
I thought the Coronavirus could be a catalyst, but I guess not... yet.
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It looks like the Coronavirus is the catalyst. Targets are Dec 2018 lows, 2016 election levels, and worst case 2012 highs.
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Limit down on everything... it's about to hit the fan! Buckle your seat belts (and fasten your masks!)
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Bouncing but this won't last long. I expect a peak next week if it hasn't peaked already.
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1929Beyond Technical AnalysisChart PatternscrashDJITrend Analysis
ambrosia
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