Interesting trendline dating back to the 1930's
**NOT CALLING FOR A CRASH**
This is the era of fiscal stimulus and QE.
Found this interesting that testing 6000 in the next few months would be the 3rd touch
1. Roaring twenties
2. Tech bubble
3. Now
Could serve as intermediate term resistance, with a reaccumulation period. The top channel will be ~8000 in 2030
This is the era of fiscal stimulus and QE.
Found this interesting that testing 6000 in the next few months would be the 3rd touch
1. Roaring twenties
2. Tech bubble
3. Now
Could serve as intermediate term resistance, with a reaccumulation period. The top channel will be ~8000 in 2030
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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.