DOW Longterm from 1982
Mother of all bubble.
Last 30 years three times RSI has been closed to 90. Yet it once went below 30 in 2008 crash.
A sustain bear market is needed to clear investor’s complacency.
1987 crash appears as a blip. DOW had three crashes (corrections) 47%, 38% and 54%. )
IS this the beginning of long term down trend change to 6600 target???
The more likely scenario is a drop to your top line ( retest) then take off to the stratosphere
That will be nice. I will be on board this train.