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1929

US 30 Setup to test ATHJust an idea; I'm not sure about this but I expected a LOT more selling, and it's not happening. An ABC countertrend surge may be in progress; if so, we'll have a new ATH this summer. There is NO rational or logical reason for this to occur; therefore I consider it highly likely. IT's exactly what happened in 1929... Fascinating that Fib time projects possible ATH on 03 September 2019... exactly 90 years to the day! If you read nothing else on TV, read this re valuations and future ROI: www.marketwatch.com During the final phase of the Bull market, irrational, frantic exuberance fueled by short covering will drive prices to extreme highs, until the shorts are covered... then the real selling begins. FYI I closed all my shorts today Weds 6/12/19, maybe a mistake, but futurz are pumping up again, so I can sleep at night. As always, this is not any kind of investment advice, just another crackpot idea. Please comment and like if you do! Thanks for watching. -DS
DJ:DJILong
by DaddySawbucks
Very similar Pattern "1929curiously the pattern that offers them today the main index ( dow jones, DJI ) of America seen from a distant perspective is undoubtedly very similar to a similar behavior registered in "29, ( this is only a visual and graphic exercise and absolutely nothing else¡¡ ) well if we put attention we can see that before the super hike there were two historical max with their respective corrections ( the second greater than the first ). placing as the previous pattern of "29, taking as basement the base of the first maximum, and its total maximum the second maximum. place just as in the previous exercise simply a fibo numbers, with extension, the outcome is almost exactly or very visually similar. only that we refer to the graphs of "29, this last rise should go up a bit more to 476%,(¡) so that way to reach the maximum of the past that was that number, today is 261%, ... well not the other point that this is just a graphic and visual conjecture and nothing else ok. / ( otherwise the figures are not 100% = equal, but they offer a very similar behavior to date, very similar : Yes ) // note,:: please teke a look of the chart link here ( of 1929 ) .
TVC:DJI
by ManuelRodriguez
Reset 1929the Chart before the bullish momentum there were two historical max. with their respective corrections, in this base I have put it the basement, in 0 % and the second historical maximum as 100 % ( the total ok ) therefore the third super impulse (super wave) I have plotted a fibo numbers and its maximum of 476% will be the trigger. to begin the resetting and big chort corrections and then to get back to the initial value of 0 % in the basement of the major construction of the chart.
TVC:DJI
by ManuelRodriguez
DAX30: Weekly - Long-term chart targeting 1566 till year 2020This is the main idea of the final wave for DAX30 and the indices similar to it based on the 90-year cycle from 1929 (Great Depression) + 90 years = 2019 90 years as in 90°down in the markets. The 90-year cycle is also the 90-year debt cycle. The 90-year cycle is one of the most powerful cycles out there and it causes huge drops as DAX30 and other indices similar to its pattern has reached a triangle formation, the steam off the bull market runs out and the only way becomes down when the formation is so prevalent on the log chart. At the same time a 'Wolfe Wave' pattern has been in the making for the past 30 years and is now finalizing the triangle just before it drops till year 2020 with the 90-year debt cycle. Wolfe Wave Example i.imgur.com This crash will most likely be a fast one because of the algorithms in the markets today. The fundamentals can be linked to anything associated at the time but Deutsche Bank ($DBK) which is the most obvious contagion to date will likely be the cause to this next financial crisis because of the amount of debt that the bank holds within the banking system. What's important to remember is that a graph is a graph and that technicals shows you everything you need to know about the future, regardless of the time frame when a pattern like the 'Wolfe Wave' is so prevalent on the Weekly log chart a drop follows, especially when a big cycle like the 90-year debt cycle expires around that date together with this wave. After year 2020 it will be a good time to re-invest in the world's stock markets again till year 2026 and 2033.
XETR:DAXShort
by Keytrader
22