Why I Still Believe This Isn’t A Market Crash

Markets have had support at around 2,530 on the S&P 500 and 23,300 on the Dow. Those were the early 2018 low off the last market crash. And they’ve broken through those levels.

But they still have dropped to levels that definitively say the crash has started.

So, I’ve been tracking the Dow versus the 1929 crash (early months) and the Nasdaq versus the 2000 crash. And I’ve gotta tell ya, this turmoil still looks more like a correction than a crash.

I explain what I’m seeing in the charts, and what I’m watching for in today’s video. Watch it now.

Video length: 00:04:59

Follow me on Twitter @harrydentjr

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.