MARKETS TECHNICAL ANALYSIS NEWS
Days of history and panic
The demon came out from the bottle and Financial markets bleeding
When there is a Bubble / Extreme situation as now then you should go and see what was in the past According to my indicator, we are now entered to extreme market
Let us see how things connect
Look at something beautiful, I did not touch
At the beginning of the year, before all the crazy moves we are now seeing in the markets, I posted a market review for 2020 and listed a few things to anyone who would like to read everything listed here above
Look at the year 2000 also – this could also happen if the markets will enter to bear market
I went back to the model I used earlier this year on the SP 500
Apparently, the concerns and cautions were true
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markets analysis
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Notice what happened in 2000 and 2008
Extreme scenario and less extreme scenario
Let’s start on the optimistic side
The less extreme would lead the SP 500 to a range of 1900-2100 points
The extreme will lead to 1200-1500 points
It looks scary, but you have to take that into considering
Breaking the lows that the market has been struggling for 3 days, and the market is becoming an unequivocal bear!
And in my opinion, we would have another 20-30% decrease
On the other hand, if the market supports these numbers then = support is long!
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Something on a personal note
The really important thing is our life and our family
We poison the earth, harm the environment
now nature avenges us back
We are total flesh and blood, with all due respect to money and technology humans are alive
And vulnerable as an ant
Be good people
Good luck to everyone and health
May God bless you all
This review does not include 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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