03/23 DJIA 18000 came to defend or rescue dying markets. If bad news cannot knock it down further after about -38% drop, then rebound may come tomorrow or soon. It is time to take profits on short/put...
03/18 Dow Jones began its free-fall journey since 02/24 for the 4th week with -32% drop. It is time to arrive multi-year rebound or support level: 18000. This level was 6-year rally top (2009-2015) an...
03/16 Corona virus spreads risk to all over the world and to all human beings. It is not getting better but getting worse everyday. DJIA sliced through -3000 points or -32% within 3-4 weeks is not a s...
03/16 If Dow cannot hold at current level around 21,000 level, next support line is at 18000 which is multi-year pattern support for the worst case scenario.
03/13 Stock markets made oversold rebound today with more than 1500 points in Dow Jones index during last 30 minutes before closing bell. Dow scored +1985 points gain which is the largest one in Dow h...
03/12 Corona virus brings disaster to the world. European countries lost double digits (DAX -12%, FTSE -11%, CAC -1%). US all major indexes also plummeted about -10%. All one year gains are gone as sh...
03/12 Bloodshed on stock markets. DJIA and Nasdaq are near support / rebound level but markets keep falling.
03/11 Stock markets keep falling in sharp decline since 02/21 due to corona virus outbreak. Today is another -5% drop from all major indexes. Similar crash occurred in October 19, 19871 where DJIA los...
03/11 Worst case scenario for DJIA is -27% drop (29600 – 21777) within few weeks. This could be first major downtrend of coming bear markets. Remember, bear markets may be 12-18 months in length...