Housing Crash 2.0 Coming?
Chat buddy pointed out similarities to 2008 PA just prior to the infamous crash
So here's a chart attempting to overlay the same bar pattern from 2008 onto the current PA and trend
As you can see the overlap is remarkable...
Also included are a longterm fib retracement on the major uptrend and a fib extension on the minor downtrend
I will be honest this is more bearish than I expect, but it's an interesting idea and price levels anyway
So here's a chart attempting to overlay the same bar pattern from 2008 onto the current PA and trend
As you can see the overlap is remarkable...
Also included are a longterm fib retracement on the major uptrend and a fib extension on the minor downtrend
I will be honest this is more bearish than I expect, but it's an interesting idea and price levels anyway
Transaction en cours
CPI delusions give bulls some room to deviate up...but the good news is we could get major and minor fib extensions confluence on start of QE level
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.