Welcome to the crash!

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Looking at the DJI priced in dirty fiat might give you the impression that we are close to all time highs. But if you look at the DOW priced in money that holds actual value then you soon realize that we are on the verge of breaking down from this giant head and shoulders pattern.
Anmerkung
We broke below the zone, lets see if we can get a close there.
Anmerkung
Very nice rejection of bear territory but thesis still valid until we break the trendline

Snapshot
Anmerkung
Breakout! Looking for a nice round retest

Snapshot
Anmerkung
The retest is under way but looks like there are too many buyers, unless there is a huge gold rally incoming then I don't see how this is going to produce any significant bounce or continuation downwards.
Snapshot
bearmarketChart PatternsDJIGoldindexStocksXAUUSD

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