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Dow Jones 1930 Breakdown of the trend -81% Update after 25 years

TVC:DJI   Dow Jones Industrial Average Index
A similar situation is happening now. Then a breakthrough of the uptrend line, price fixing below the uptrend line and another -81.5% market fall. Previous highs were updated only after 25 years.


The situation on the Dow Jones now. A very similar schedule as in 1930. It is important how the price will react near the uptrend line, which will act as a support. If there is a breakdown of the uptrend line and the price consolidates below it, a very dangerous situation will arise like in 1930 and a complete collapse of the US economy. Let's hope this does not happen.


My former trading idea is an indicator. Published in April 2019.
Which gave a signal of a market reversal before its fall.
The relationship of the Dow Jones and the Fed% rate We are ahead of the financial crisis.

Comments

Good analysis, thanks for insight.
+1 Reply
SpartaBTC Pivotologist
@Pivotologist, Thank.
Reply
they will pump it with fake money, in the 1930s they did not have QE infinity.
+1 Reply
SpartaBTC nagihatoum
@nagihatoum, We'll see how it goes.
Reply
SpartaBTC nagihatoum
@nagihatoum, In 1930, the fall was influenced by one deal, which few people recall between the United States and England.
Reply
SpartaBTC nagihatoum
@nagihatoum, Yes, you are right, but this can no longer go on.
Reply
Great Analysis!
Reply
@Anpu, Thanks collegue.
Reply
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