I will try not to be too bearish...I have compared the 1987 chart to the 2007 chart..and i have concluded that the similarities are so close that u can overlap them BETWEEN JULY AND SEPT and u will not know which chart is which..now for the good news....the 87 crash gave its last warning when it retested 2500 before crashing, the dow jones must not retest 13000, otherwise it will crash...My fellow traders the dow must rise above 13500 and hold for a few weeks for it to be bullish..
Now i hope i havent upset anyone, but im being a realist...Just remember the 13000 level fellas, it MUST NOT BE RETESTED OTHERWISE THE DOW WILL CRASH...
FINAL WORD: DONT FORGET 13000 MUST NOT BE RETESTED
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Open | High | Low | Value | Volume |
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1 | 1123 | 63.030 |
1 | 351 | 63.000 |
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Price($) | Vol. | No. |
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63.440 | 34 | 1 |
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