-Yurlo
Good morning to the trading community. I hope you've all had a fantastic week within your personal life but most importantly in your trading journey. We've recently seen wave 2 of covid 19 start to surface around the world. Every country around the globe has been printing $$$ to prevent inflation/hyperinflation to occur. Has this stopped the economy/stock market from crashing before? NOPE so what makes you think they can stop it again? The answer is THEY CAN'T. What we're about to witness in this world will go down as the worst crash since 1920's. What happened after the great 1920 crash? The cold war, which helped create jobs and help boost the economy which took YEARS AND YEARS to stabilize.
Are we going to see a repeat of this in the next decade?
Downtrend initiated on August 17th, 2020. Since this date we've had 4 validation touches on the trend-line which gives a trend strength.
2nd touch: September 1st
3rd touch: September 19th
What we've seen is a possible exit pump for the players that got trapped to get out or close and open a new short position before all hell breaks lose.
Get ready for hell because it's coming and there's nothing any of you can do about it.
Enjoy your weekend fella's.
Good morning to the trading community. I hope you've all had a fantastic week within your personal life but most importantly in your trading journey. We've recently seen wave 2 of covid 19 start to surface around the world. Every country around the globe has been printing $$$ to prevent inflation/hyperinflation to occur. Has this stopped the economy/stock market from crashing before? NOPE so what makes you think they can stop it again? The answer is THEY CAN'T. What we're about to witness in this world will go down as the worst crash since 1920's. What happened after the great 1920 crash? The cold war, which helped create jobs and help boost the economy which took YEARS AND YEARS to stabilize.
Are we going to see a repeat of this in the next decade?
Downtrend initiated on August 17th, 2020. Since this date we've had 4 validation touches on the trend-line which gives a trend strength.
2nd touch: September 1st
3rd touch: September 19th
What we've seen is a possible exit pump for the players that got trapped to get out or close and open a new short position before all hell breaks lose.
Get ready for hell because it's coming and there's nothing any of you can do about it.
Enjoy your weekend fella's.
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