Ticker 1

Ticker 2

Click "Like" to Receive First Hand Updates From The Analysis Site / Click "SHARE" to share

Saturday 2 January 2021

DJIA and the world markets (Macrotrend): 2 January 2021

    


DJIA and the world markets (Macrotrend):
2 January 2021
(Click on the Technical Chart Above to Expand)

Attached is the Super-cycle/Secular-cycle of DJIA and it serves an indicative guide to world markets (similar trend for S&P500 as well). There is practically no chance any trend can break up a trend up-channel resistance of a logarithmic chart because in linear scale, it already looks exponential. A deep down-move in world markets is expected -- upside almost negligible compared to downside, i.e. rewards virtually negligible compared to risks. Outlook: bearish in everything.

The Donovan Norfolk Technical (SIA):
High Bearish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence.  

No comments:

Post a Comment