I seriously have no idea...buTT I'LL GIVE IT A WAG..I just know in the longterm view it is going WAYYY lower...JMHO..
Heres is an $INDU chart I did a while back..I called the rising wedge..and knew the market was headed back down where the most recent black line crosses vertically. Updated today with WAG. GL!
rally will still come, the right shoulder is still forming, but final capitulation will still occur and the projecions are very very low, the problem is that puts are very expensive now.
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