DJI Its very similar with sept-oct 2008, when index fall 33% in 38 days and then jumped shortly 50% back. Tonight we had lowest 22372 and Fifo 0.5 shows exactly level 26000. Lets start to fishing, good luck and clear mind!
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My worst case scenario, exactly same numbers from sept-oct 2008 - 38 days -33%
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Updated ver with latest data.
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Worst case scenario getting more and more probability from now - DJI -9.9%. We dropped trough 26.dec 2018 and even support line from 9.march 2009 Latest data is here and short squeeze target 24660. Good Luck!
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Lets back in october 2008. There was similar fall in 9.oct when DJI lose 7.3% (yesterday 9.9%). Next day (Friday as today also) -1.5% but lowest was -8.1% 7882 (until now today's lowest -13.5% 20400). So we are hitted much quickly so far. All predictions are calculated based on 2009. Today's max can be 22320, intraday +13%, but closing -1.5% @20900 - exactly in support level from 2009. I closed 10 DJI CDF to lower margin call and try to jump out from more. Good Luck with mathematics!
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What a perfect day, all TP's achieved and 70 short and 25 long DJI CDF's cashed out! Next jump was to SLV ;-) Let's have a closer look: - I was wrong about weekday, Fri 10.oct 2008 mirroring today's actions Mon 16.mar 2020 - I was wrong about the movement, I'm expecting Friday -1.5% but FOMO and inside info raised market +9.5% in last hours up to 23200 (predicted 22320) - I was right about TP's and BuyLimit's - It was big surprise for me that MetaTrader5 lagged so much, but limits worked well
Next is calculated as 2009 happened, if we closing tonight 19800. - possible recovery after FED rate cut up to +22% in 25 days - possible new low -5% during 42 days - possible pivot point in -18% during 147 days Of course all can happen much faster and even worse. So far most of us are under the fear - blood on the streets! Stay calm and healthy!!!
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Changed colours to better understand. Here is my vision for next 3 months: - everything happens faster about 25% (28 vs 21 bars) - next LH 2.apr 24400 - next LL 17.apr 17000 - next LH 28.may 22500 - pivot point 9.july 16450 Trying to go long 20060 and 19750. 2009 2020
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