Dow Jones Industrial: October 1987 vs. October 2020

9 oct. 2020

Just a few similarities here and there.

- Dour Pig



CURRENCYCOM:US30
DJI

9 oct. 2020

Transaction en cours

Looks like the top might just be in.

Could see some fireworks shortly.

If so, just wondering what exactly drives markets...

26 oct. 2020

Transaction en cours

If this continues within a reasonable distance from the dotted projection, I would maybe consider parting ways with the bull positions for at least a week or two.

The drop that you cannot see in the chart above is insanely steep to the point where I could not fit it in, even when using a log scale.

Also would be pretty great if it happened since you can extrapolate what will happen up until the point that it greatly deviates from the post-'87 aftermath.