candlestickninja

Continuation of my bear market rally analysis

Long
TVC:DJI   Indice Industriale Dow Jones
I proposed a bear market rally analysis towards the 23500 to 25800 zone over the coming weeks, looking at a great depression chart, this looks eerily similar . I'm viewing this rally as a fake out rally and using tight stops. We are still oversold so I think we will see 25k, we may see some small falls as show in my additional a,b,c,d,e (blue) overlay. I plan to buy into this with tight stops and load up on VXX and GLD at 25k area and then just wait things out

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