Based on futures trading data calculations, exchange insiders are developing two distinct scenarios for a decline.
1. A Dow structure similar to the October – December decline in 2018.
2. A Dow structure similar to the August – October decline in 2008.
As of today, there is a 52% chance the upcoming decline will be similar to the August – October 2008 crash. What is very clear is that the U.S. Dollar will be an important part of this decline. A significant shift from global currencies and stocks into the U.S. Dollar will take place.