Since 1929 crisis, Dow Jones has been in a massive uptrend. Almost a century uptrend. 1973, 2000, 2008 crisis are not even near what happened in 1929. Yes, most people do not believe American markets will crash at some point. But I do think, this crash will not be same as the ones the traders are used to. This crash will be a massive century correction. Years of correction of a huge massive BUBBLE.
RSI and Stochastic yearly totally overbought. Elliott Waves counting near to an end? I may be wrong, but it must happen at some point! Not trying to say when exactly, not trying to be pessimistic, but to me at least that's what I see from this chart. Just a matter of reflection my friends, do not want to scare anybody or play the oracle. 100 years uptrend must have and END!
RSI and Stochastic yearly totally overbought. Elliott Waves counting near to an end? I may be wrong, but it must happen at some point! Not trying to say when exactly, not trying to be pessimistic, but to me at least that's what I see from this chart. Just a matter of reflection my friends, do not want to scare anybody or play the oracle. 100 years uptrend must have and END!