I didn't notice the purple trend line before, but it started the 2008/9 Financial Crisis. I see this as heavy resistance, if we get rejected at this trend line then for sure we will have a major economic collapse. If we bust through this resistance line then I can see the market going nuts for 5-6 more years. I tend to think we crash within the next year and a half.
Feel free to comment, I appreciate it and also smash the "like" button! Thank you!
- Matt
Feel free to comment, I appreciate it and also smash the "like" button! Thank you!
- Matt