SPY price chart similar to price of DJI during 1929
https://www.tradingview.com/chart/DJI/AbjTUYAv-DJI-USD-chart-similar-to-SPY-today/
DJI during Great Depression price in USD is fairly close to S&P 500 index now. During Great Depression it was a 50% pullback followed by a 50-55% gain, followed by another 50% pullback.
On the SPY index it was about a 35% pullback and we are at the top of a 35% run up. Expecting a 38% pullback in the coming months.
DJI during Great Depression price in USD is fairly close to S&P 500 index now. During Great Depression it was a 50% pullback followed by a 50-55% gain, followed by another 50% pullback.
On the SPY index it was about a 35% pullback and we are at the top of a 35% run up. Expecting a 38% pullback in the coming months.
Note
I forgot the FED just can print 3 trillion dollars and give the S&P 500 stocks a direct injection of buy orders. Noted for future reference
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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.