TradingView
MarlosClock
18 feb 2022 04:52

Markets are topped out on macro renko charts, good luck.  Kort

Dow Jones Industrial Average IndexDJ

Beskrivning

The chart speaks for itself; there are obvious fractals on the bull and bear legs. they keep getting bigger as well in pattern. Volatility is expanding the X-axis like crazy; and bear moves are even more volatile in such conditions. Things could get very steep. I pasted inverted, expanded, copies for a future plot. Good luck.

Kommentera

After rate hikes start, and markets recover from the shock of no training wheels? Blast off!

Big business tries to get their books right for 2023 taxes and regulations coming? Down for Sept trip witch.. This could be the last year or few of party. Interest rates will make old debt come due much sooner.
Kommentarer
javivi
my view is similar to your white path: correction due to war to 30k, new ath to 42k, then bear party will begin.
Mer