Historical DOW Chart since the beginning of 1900... Let's put things in perspective! Short term the dow may reach the strong support zone around 20000, long term it will continue climb!
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almost there... let's get ready for some long soon
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We are still Long and only around 3000 we may restart some longer term selling. Please note so far, the market decline amplitude looks much more to the 1987 or 2000-2003. The 2008-09 decline was much larger and great depression 1929-32, times larger!!! Only if we see the market reaching 13000ish we will reach the same amplitude as in 08-09, while for a repetition of the great depression prices should reach 7000 ish....!!
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Let's get ready for some shorts.
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A correction is brewing, 10-15%... Before we go back up.