Michael Burry, a prominent investor known for his prescient predictions and short position, is a key figure in the narrative surrounding the stock market crash, known as “The Big Short“. This exclusive post explores the traits leading up to the Michael Burry Stock Market crash and sheds light on Michael Burry net worth, providing insights into why he achieved financial success amidst the chaos. Our meticulous research and analysis explore the fascinating impact of Michael Burry Numerology Power on the stock market with Dow Jones Technical Analysis for future direction.
Table of Contents
The Big Short Insights: Analysis of Michael Burry Net Worth Secrets
We will conduct a numerology study for the sole purpose of Michael Burry’s SWOT analysis. How exactly did he forecast a drop in the stock market, and what prompted him to make that forecast?
Refer to the chart that the EVTSN (Event Seer News) team created for the study:
SWOT Analysis of Michael Burry Net Worth through Numerology:
Birth Number (1) and Destiny Number (7): As we previously discussed the power of birth number 1 in the Tesla Post, As Birth Number 1 (King), Michael Burry has a strong and powerful drive towards his work and profession, which makes him unique and dominating. Birth Number 1 comes from the total birthday, i.e. 19 (1+9), which is a very successful number for the richest entrepreneur. Mukesh Ambani (the richest Indian in Asia) is also one of the examples of birth number 1. Individuals born under the birth number 1 tend to experience great luck and success in their personal and romantic relationships.
Destiny Number 7 powered him with research, exploration, and wisdom. Michael Burry is attributed to the significance of Destiny Number 7 in managing short positions in the stock market due to its correlation with volatility, as we mentioned in our previous post about Tesla. Number 7’s astounding intuition enables him to accurately predict the stock market’s direction. And, as a birth number 7, he possesses a doubled-up version of this intuitive power.
Numerology core numbers, which are the birth and destiny numbers, have favoured him towards generating wealth. His birth number, 1, has blessed him with entrepreneurial and risk-taking skills, while his destiny number, 7, has helped him create wealth generation tremendously through the use of wisdom and volatility in the stock market. There are also other factors that we will examine in this post.
Stock Market Crash Correlation with Michael Burry for the Year 2023-24:
In addition to his skills we discussed in the previous paragraph, Michael Burry has ongoing age year as Number 7 (52 Age) and Universal Year 2023 total as 7 (2+0+2+3), which synchs with his Destiny number 7, so this is the most common reason of his prediction for Stock Market Crash this year. It is important to note that another fact supports his wealth generation: his personal year number is 5 in 2023, considered the best supporting number for all stock market traders and investors. In the year 2024, his personal year number will be 6, associated with luxury and wealth. Also, he has Pinnacle year number 6, which will make him shift towards wealth. Therefore, he will likely succeed in this prediction and make wealth as he looks forward to the stock market.
Technical Analysis of Michael Burry’s short position on Dow Jones, the Top Exchange in the United States.
Dow Jones Monthly Chart Analysis:
It’s important to keep an eye on Dow Jones, as it might become weak if it falls below the white support trendline, which is a decisive support trendline that is moving upward from the 2020 crash levels. If DJI breaks down the monthly trendline support, it might quickly plummet to 31000 levels. A further breakdown from 31000 levels would open the door to the DJI journey towards 25000 levels.
It’s worth being cautious while trading futures for the next few months, as DJI is at border risk.
Bearish RSI divergence appeared on the monthly chart of Dow Jones. The signal will be stronger once it falls below the 50 level, as it took three times as much support at this level.
Dow Jones Daily Chart Analysis:
Dow Jones faced resistance at EMA 200 levels with a bearish doji candle, indicating weakness. Any significant weak candle could lead to a heavy fall, dropping it to 31000 levels.
Avoid trading in October 2023 or until it moves above the EMA 200 levels. RSI is taking support at 40 levels, which is make-or-break levels to watch.
Conclusion:
Michael Burry’s supported numbers have led The Big Short to advocate for his convictions, which indicates confidence in his analysis. However, it is important to note that the market has experienced significant falls in the past, such as the dot-com bubble burst in 2000, the 2008 stock market crash due to financial institution failures in the US, and the COVID-19 pandemic in 2020. These falls depended on external factors and cannot be ruled out in upcoming years due to war and the risk of economic failure.
The technical chart of the Dow Jones currently suggests a potential downfall below a certain level mentioned above, which is cause for concern. Weakness can be seen across all timeframes, especially daily and weekly. However, the monthly timeframe still shows some positivity, which means that the market is not yet in a state of completely unhealthy decline.
If the Dow Jones index breaks certain levels in the monthly timeframe, it may trigger sudden panic in the market and lead to an immediate downfall up to a certain level. This situation could cause significant losses for investors, so monitoring the market closely and making informed decisions based on current trends and regular technical analysis is crucial. It’s important to regularly study charts rather than relying on luck when taking short positions. Not everyone can be as successful as Michael Burry.
POST DISCLAIMER: Our team would like to clarify that we do not currently hold any short or long positions based on this study or Michael Burry’s insights, and all projections made in this report are based on different parameters. As price predictions can vary, we urge you not to make any trades based solely on our report unless you have a strong conviction in the technical study of the chart on your own.
Wow, You guys are excellent.
Thanks for needful information.
Thanks Simran, we appreciate your insightful feedback on our post. Your input would be greatly valued for upcoming posts.