Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Dow Jones Futures - Jun 24

CME
Currency in USD
Disclaimer
39,642.00
+106.00(+0.27%)
Closed

Dow Jones Futures Discussions

markets have pretty much hit their natural fibonacci highs (looking at the monthly charts from 2000 and 2008 onwards) Far more likely for them to go down from here. the collective human greed and fear is something none of us can escape from and the natural fib sequence that we find everywhere in nature is also in our collective emotions as a speculative species. The decades long Elliott wave is also indicating a huge correction based on one of its largest fractals since stock market records began. And all this would make total sense based on the absurdity and disconnect of the economic reality and monetary disconnect.
They printed 10 trillion dollars. fobawho?
i cant argue your logic. but logic dont exist in barzarro land.
it doesn't matter how much fake money they print - it doesn't increase the value of anything - every unit of the money simply becomes devalued by the same amount of proportion that it's increased - it's just that they're handing it over to a handful of people, whilst the rest of us watches each individual unit of our money devalue - you cannot create wealth and value out of thin air - and it's not logic I'm using - the Fibonacci series and the related Elliott wave are laws of nature - they cannot be messed with - the market will follow them no matter what happens, however to see the charts properly one may need to adjust for the increases in the nominal money supply to get a clearer picture. The scale will of course be skewed if there are 25% more USD in the world than last year!
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.