correction is about to come in the markets, The question of whether it will only spank or something bigger
markets correction is about to come
Why do I think the correction is about to go out in the markets and soon, I think.
The question of whether it will only correct or something bigger is the question of questions, but at the moment it is still too early to guess
I want to show you the graph of the Dow Jones
Notice the ascending configuration of the graph, as well as the bottom oscillator
In 2008 when it reached extreme levels - the market made a move
Do this again
I took this example and compared it to today's times -
So we saw declines and the day is rising but what is interesting is the strength and the ability of the market to attract moves of strong movements
Last time the market made a move of 45% + _ from the beginning of the stall
If this is the case, then the price levels of 25300-25600 points should be expected to reach the target Where in my opinion and it also works out with my prediction from previous years the market will experience a correction - it is too early to know whether it is easy or acute
markets correction |
look the chart again so we can more distant goals, which can be derived and derived from deepening the pattern, are in areas of price levels such as 24,600-25,600 price area, while the opposite direction can cause the dow jones to move lower to test crucial areas in 23,100-23,400 - those levels seem to have strong support .one more thing to finish is to test one indicator - as you can see in the chart only one time in the past, he breaks up the red line (extreme situation) -this movement was in 2008 and bring 45% move from the break, so, if we will go now those days, its give us the same target as I mention above apx 25,600 + but from those levels the risk is high
This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice
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