In the 1930's DJI fell into the low part of this bolliger band.
There is for sure still lots of support before this level that might not allow a crash to this level. Though I think with all the money going into REPO markets each day with 0% reserve requirements might be the more likely reason to stop this. If there is many more $ available then the price should go up. The most intense possibility is a crash to this level and then a quick rise to new highs. Not because of realized gains but as a result of the later time being effected bu inflation.
There is for sure still lots of support before this level that might not allow a crash to this level. Though I think with all the money going into REPO markets each day with 0% reserve requirements might be the more likely reason to stop this. If there is many more $ available then the price should go up. The most intense possibility is a crash to this level and then a quick rise to new highs. Not because of realized gains but as a result of the later time being effected bu inflation.
