GDP below long-term average of 3%, low spending, unemployment increasing, weak currency,...
Economy system need to be reformed otherwise there wont be a "markup"
(typically, that's seen first in financial risk-taking - like borrowing to invest in assets such as shares or existing property rather than the expansion of new businesses and job-creation. And, "beyond a certain point, it can be dangerous," Mr Stevens said. )
Note: this chart is for speculative stock only. (according to Wyckoff theory)
Thank you for your reading ;)
Comments
IvanLabrie
⋅
I'd reccomend reading David Weis' book: "Trades about to happen". If you haven't read it already.
MIchaelTran
⋅
cool! I will find and read it , thank you
IvanLabrie
⋅
You won't regret it :D
It's a great read.
MIchaelTran
⋅
:D basically trading is educated guessing game, the more we learn the more lucky we can get. Thank you Ivan,
morganj711
⋅
Michael
Are you Australian. You post a few Aussie charts
MIchaelTran
⋅
I'm Australian, but I'm not born here. ;)
morganj711
⋅
Michael
I didnt know we could get charts for Aussie stocks through Trading View. How do i do it?