So you see the markets dropping back down to the 1930 lows. Here, I drew your trend channel, and your prediction.
I didn't trade today and the best part I did not even miss it. I made some stunning fresh fruit juices and loaded up with Vitamin C and did anything but trade. Felt good. I nailed the TRADER vitamin of all time greats by juicing the rinds of the lemons and limes too. Have a look at an example of a top-notch Trading Mentor .................
Wrong! Pls get into the habit of getting your facts right before you launch! I have corrected you on this a few times alreaady. “Every man has a right to his own opinion, but no man has a right to be wrong in his facts” ― Bernard Baruch See my earlier posts ... The Dow will not go to the GD low, no, no, no. Its maximum excursion is to 1616 which is the bottom of the 1987 crash. Another thing: pls try to not short change yourself with channels. There is infinitely more to them than you show here ............... a channel is made up internal substructure lines that support Price .............. just one aspect of this concept shown in my chart below which is essentially same as your chart The levels for the dow crash are shown as numbered arrows
You're way ahead of me in this regard. I only found out about this couple days ago and had my juicer delivered yesterday and knocked down my very first drink today Tomorrow I'm going whole hog beets/carrots/celery/lime/lemon/apple/ginger/garlic/turmeric Already today right after I drank my first shot Bobbie's poetry made even more sense to me I forgot the spinach and kale And take me disappearing thru' the smoke rings of my mind Down the foggy ruins of time, far past the frozen leaves the haunted frightened trees Up to the windy beach far from the twisted reach of crazy sorrow Then we forget about today until tomorrow
I did see your earlier posts. Your conclusions were not clear. My apologies. So where is the Dow going? 1616? I would really love to know what your fibbo calculus predicts. Because the entire fundamental world apparently does not matter. Only technical and "Biblical" levels, whatever that means.
Well be careful about juicing things with high sugar content (even fruit sugar) because that can cause insulin spikes. And chronically high blood insulin levels are not good.
Fundamental Anal-ysis does not matter one damn bit. Put me in total isolation with no News, no TV, no nothing to know what's going on in the outside world and no phone calls ............... all I am allowed is an internet connection, a broker account, real time trading software and the entire database of stocks, currencies et al from a reliable data source. Then take for example IBM. I would knock any FA guru on his ass in a heartbeat without knowing who the CEO is diddling or any such stupid data. Dow Jones 1st guaranteed rest area = 18,213 = corona virus low of March 23rd 2020 Dow Jones 2nd station guaranteed = 6469 = March 2009 low Dow Jones low to mid probability station = 1616 = 1987 crash low There is one I did not mention at around 2354
You've been on this forum for 2 weeks. Here is my prediction... The DOW will never hit your post count in your lifetime.