the 2021-2024 great depression
i think that markets will collapse starting june 2021!
why do i think this? well currently we are seeing all time highs almost every week and this is not a good thing.
currently things are looking to good in the USA and i think things will get worse in the upcoming months/years.
once this covid crisis is over you are going to see inflation/debt to rise and the fed won't be able to step in this time since interest rates are already low and they cant bring them lower. (the fed has used every card they have)
2021 is similar to 1987:
in 1987 we saw a record number of investors coming into the markets thinking the market is only going to go up... but we all know how that ended.
in 2020-2021 we are seeing the same thing happen, record number of investors (beginners) jump into the market thinking the market is always going to go up. this will not end well.
patterns:
if you look at another post i made about the 2021-2023 great depression you will see the exact same pattern forming which is not good at all.
what to expect:
you can expect the dow to push up to 36k.
why 36k? 36k is a major fib level and i do believe that will be the top.
on this chart you can also see some bearish patterns form (rising wedge + rising channel)
phases/key: phase 1: first sell of/ bear trap (this is kind of a trick that tricks investors)
phase 2: media attention/ greed (this is when the media starts talking about all time highs/ how markets are overvalued)
phase 3:delusion/ parabolic move (this is when people start thinking that markets will not crash and they also think this is the start of a new bull market)
phase 4: denial/ start of bull trap( this is when investors are delesonal and think that this is just a small sell off and they think it will continue to go up)
phase 5: return to normal/ end of bull trap (this is when investors think that markets are starting to recover from that "small" sell off)
phase 6: fear (this is when investors see that markets won't go up just yet so they start to pull out sending markets into a small free fall)
phase 7: capitulation/ retest (this is when markets continue to sell off sharply) (expect a 40% retest)
phase 8: despair/retest (this is when markets start to go into another sharp sell off plus 10%+ retests of strong future resistance)
phase 9: return to mean (this is when we will come back up to the mean level of the market)
phase 10: leg down (this is another sharp sell off/ leg down. this is when we will retest lows) (8k should be the low)
phase 11: recovery (this is when we start our recovery phase. markets will take 5 or 10 years to recover from this giant collapse)
why do i think this? well currently we are seeing all time highs almost every week and this is not a good thing.
currently things are looking to good in the USA and i think things will get worse in the upcoming months/years.
once this covid crisis is over you are going to see inflation/debt to rise and the fed won't be able to step in this time since interest rates are already low and they cant bring them lower. (the fed has used every card they have)
2021 is similar to 1987:
in 1987 we saw a record number of investors coming into the markets thinking the market is only going to go up... but we all know how that ended.
in 2020-2021 we are seeing the same thing happen, record number of investors (beginners) jump into the market thinking the market is always going to go up. this will not end well.
patterns:
if you look at another post i made about the 2021-2023 great depression you will see the exact same pattern forming which is not good at all.
what to expect:
you can expect the dow to push up to 36k.
why 36k? 36k is a major fib level and i do believe that will be the top.
on this chart you can also see some bearish patterns form (rising wedge + rising channel)
phases/key: phase 1: first sell of/ bear trap (this is kind of a trick that tricks investors)
phase 2: media attention/ greed (this is when the media starts talking about all time highs/ how markets are overvalued)
phase 3:delusion/ parabolic move (this is when people start thinking that markets will not crash and they also think this is the start of a new bull market)
phase 4: denial/ start of bull trap( this is when investors are delesonal and think that this is just a small sell off and they think it will continue to go up)
phase 5: return to normal/ end of bull trap (this is when investors think that markets are starting to recover from that "small" sell off)
phase 6: fear (this is when investors see that markets won't go up just yet so they start to pull out sending markets into a small free fall)
phase 7: capitulation/ retest (this is when markets continue to sell off sharply) (expect a 40% retest)
phase 8: despair/retest (this is when markets start to go into another sharp sell off plus 10%+ retests of strong future resistance)
phase 9: return to mean (this is when we will come back up to the mean level of the market)
phase 10: leg down (this is another sharp sell off/ leg down. this is when we will retest lows) (8k should be the low)
phase 11: recovery (this is when we start our recovery phase. markets will take 5 or 10 years to recover from this giant collapse)
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.