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LandonEconomics

I'm Starting to See a Patern Here (DOW JONES DROP INCOMING)

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Índice Industrial Médio Dow Jones (TVC:DJI)  
LandonEconomics  
TVC:DJI   Índice Industrial Médio Dow Jones
Trend Analysis Gann Technical Indicators DOW jones Ichimoku Cloud Stochastic Oscillator Stocks index technical
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trendanalysis gann indicator dow jones ichimokuclouds stochastic stocks index technical
The Dow has tested the blue resistance line (around 19,000-19,200) about 7 times throughout the last week. The Stoch RSI is also showing it is not oversold yet. In addition, you can see the pattern of a big drop, a small gain, a big drop, a small gain, and so on. We just had the small gain and I think another big drop is coming on Monday. However, if it decides that after 7 times of hitting a resistance to rebound off of it, this could be the bottom of the recession (I think this is highly unlikely and has a 5% chance of actually happening).
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