OPIE,
can you answer my previous question?
Hey bro,
I have been following you from day 1.
Can you please tell us how low the Dow jones will go?
Will it go up (making new all time highs) after it crashes, or will it finally crash for good and never go back up?
Aslo, what about gold and silver? will precious metals make all time highs when bitcoin abd the stock market is crashing?
thank you
Quoting: Anonymous Coward 83423031 hey dow jones guy...
right now, the dow jones is showing
-macro hidden bearish divergence on the weekly macd dating back to august
-macro hidden bearish divergence on the weekly rsi dating back to august
-localized classic bearish divergence on the daily macd (twice) over the last 10 days
-localized classic bearish divergence on the daily rsi (also twice) over the last 10 days
I can't tell you where it will bottom because again, crypto follows very basic rules... but based on T.A., the dow jones looks like it is ready to make another dump like it did when it dumped from 34k to 28k a few weeks ago.
Prognosis: short term, doesn't look good
I would bet that it bottoms on the same week bitcoin bottoms. I would bet this is the final dow jones bottom until the next covid crash in march of 2024 that I think is coming.
I would wait to buy until mid/late december. Wait for bitcoin to make this big crash I think is coming and then it'll probably be at the dow jones bottom or at least really really close to the dow jones bottom. Remember... all markets move together because they are all owned by the same people.
