Loading ...Dow Bubble burst in 2018. INDU monthly
One does not have to compare back to 1928 crash. Just in 1989 NIKK bubble burst at 39000+ and several years later bottom at 6000.
No one would have believed the final target.
DOW is now on the same path to 6666 and below in few years.
Below is Historic chart of NIKK in 1989 and monthly current chart of DOW.
35 year of credit expansion is coming to end. Market takes the control from CB’s.
I dunno Bikoo
What if this is just a backtest of the jaws of Life breakout and then up and away
Thanks Bikoo
Been looking at $Copper and previous examples you listed above including 07-09. IMO $Copper allows one to see the forrest thru the trees.
Would be interested in seeing others opinion of the Weekly charts $Copper has been building out since 2015. Possible SHS?
What are your thoughts on $Copper Bikoo?
To me, the NIKK ascent looks a lot steeper/parabolic to me than the DOW’s rise. Whether it matters in the end, I guess we’ll see.
Ut is matter of scale. NIKK chart did not go far back. Point is the top and what followed.