Crash imminent 30%+

TVC:DJI   Dow Jones Industrial Average Index
Crash Imminent guys. 11.11.2019 maybe the day we remember.

Repo Market needs Fed to interfere for infinite. Corporate Cash Flow -15% from a year ago. Stock buy backs loosing Steam. PMI bellow 50. Can go on and on

I think we are in a recession right now, or started third quarter of 2019 and followed by first rate Cut. Fed is fighting recession. Fed Balance sheet went up by $250+ billion in 6 weeks and faster than Q3.

Put on your seat belts!!!
I have a feeling there will be some volatility mid DEC with the FED decision, but I think you're still too early for the 30-40%.. There's a while to go. I have a hunch on the 11th(DEC) we will see something "take off" .. maybe DJI ? Maybe gold?... On Friday everything will be undone and then some.. We'll see what happens,.. that's what I see coming.
Likely scenario, FED cuts, gold rallies, Friday retail numbers come in super strong, gold crashes back. Another scenario, FED doesn't cut, gold crashes some, retail numbers come strong, gold crashes completely. Or, FED doesn't cut, DJI loses momentum, retail numbers come way below, DJI crashes 10-15%, in protest to the FED. Whatever crashes, the FED decision will have to do with it..
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