DOW JONES INDUSTRIAL AVERAGE COULD SELL OFF -6.5%
THE DOW JONES INDUSTRIAL AVERAGE UPSIDE TREND CHANNEL HAS BEEN LEVERAGED ON A POOR STRUCTURE,
WITH UNFILLED GAPS, UPSIDE AND DOWNSIDE EXCESSES. THE AVAILABLE LIQUIDITY FOR INVESTORS HAS BEEN ONCE AGAIN BORROWED AGAINST THE LARGEST EXPANSION IN HISTORY OF THE FEDERAL RESERVE BALANCE SHEET,
MATCHED UP WITH THE LARGEST AMOUNT OF CORPORATE DEBT EVER SEEN IN DEBT FINANCING MARKETS. THEREFORE, THE SO-CALLED LIQUIDITY ARGUMENT IN ITSELF IT'S LARGELY FLOWED, FALSE AND MISLEADING.
CENTRAL BANKS AND FISCAL AUTHORITIES HAVE EXPANDED BEYOND LEGAL CONTRAINTS THE AMOUNT OF DEBT FINANCING IN THE FINANCIAL SYSTEM, THEREFORE BORROWED FINANCIAL RESOURCES, WHILE THE ECONOMIC STRUCTURE CONTINUES TO FRAGMENT, STAGNATING INTO RECESSION.
A SIMPLE DATA TO OBSERVE CAN BE CHECKED WITH THE DOW JONES TRANSPORTATION AVERAGE P/E RATIO 101.03, THE CLEAR EVIDENCE THAT WITH THE SHUTTING DOWN OF ECONOMIC GROWTH AND GLOBAL SUPPLY CHAIN, THEREFORE THE COLLAPSE IN GOODS MOVEMENTS AND TRANSPORTATION
BORROWED LIQUIDITYHAS CAUSED INSANE STOCKS SPECULATION OVER THE DOW JONES TRANSPORTATION INDEX STOCKS, AT A TIME WHEN THE GLOBAL ECONOMY HAS GONE INTO A COMPLETE ALT, FOR AT LEAST THE FIRST TWO QUARTERS OF 2020.
THE DOW JONES INDUSTRIAL AVERAGE P/E RATIO 28.23 CLEAR EVIDENCE OF HOW STOCKS ARE PRICED WAY OVER THEIR METRICS, POTENTIAL REVENUES AND THE EFFECTIVE ECONOMIC ENVIRONMENT, WHERE THESE MULTINATIONALS HAVE BEEN OPERATING.
THE UPTREND STRUCTURE OF THE DOW JONES INDUSTRIAL AVERAGE HAS BEEN TRADED WITH MANY STRUCTURAL GAPS AND UPSIDE EXCESSES, THEREFORE A MAJOR SELL-OFF
AND RETRACEMENT ON THE 200 DAYS MOVING AVERAGE AND BELOW COULD BE THE OUTCOME OF POOR BUYING STRUCTURE, EXCESSIVE DEBT LEVERAGE BUILD UP, STOCKS OVERPRICING OF A BETTER THEN EXPECTED OUTCOME THAT DOES NOT COMPLY WITH THE CRUMBLING ECONOMIC STRUCTURE OF THE GLOBAL ECONOMY AND GLOBAL SUPPLY CHAINS.
THE DOW JONES INDUSTRIAL AVERAGE COULD, THEREFORE, RETRACE ITS TRENDLINE IN A SPECIFIC RANGE AREA, BETWEEN THE MONTHLY PIVOT POINT 26500 AND THE 200 DAYS MOVING AVERAGE 26250, WITH A POSSIBLE TESTING THROUGH THE PREVIOUS PIVOT POINT 26000. THIS MOVE WOULD DEFINE THE TRENDLINE RETRACING ON THE BASE STRUCTURE OF THE Q1 SELL-OFF, UPTREND REBOUND. IN EFFECT GOING TO TEST MARKET SUPPORT OF THE IKH SENKOU A/B NUAGE.
WITH UNFILLED GAPS, UPSIDE AND DOWNSIDE EXCESSES. THE AVAILABLE LIQUIDITY FOR INVESTORS HAS BEEN ONCE AGAIN BORROWED AGAINST THE LARGEST EXPANSION IN HISTORY OF THE FEDERAL RESERVE BALANCE SHEET,
MATCHED UP WITH THE LARGEST AMOUNT OF CORPORATE DEBT EVER SEEN IN DEBT FINANCING MARKETS. THEREFORE, THE SO-CALLED LIQUIDITY ARGUMENT IN ITSELF IT'S LARGELY FLOWED, FALSE AND MISLEADING.
CENTRAL BANKS AND FISCAL AUTHORITIES HAVE EXPANDED BEYOND LEGAL CONTRAINTS THE AMOUNT OF DEBT FINANCING IN THE FINANCIAL SYSTEM, THEREFORE BORROWED FINANCIAL RESOURCES, WHILE THE ECONOMIC STRUCTURE CONTINUES TO FRAGMENT, STAGNATING INTO RECESSION.
A SIMPLE DATA TO OBSERVE CAN BE CHECKED WITH THE DOW JONES TRANSPORTATION AVERAGE P/E RATIO 101.03, THE CLEAR EVIDENCE THAT WITH THE SHUTTING DOWN OF ECONOMIC GROWTH AND GLOBAL SUPPLY CHAIN, THEREFORE THE COLLAPSE IN GOODS MOVEMENTS AND TRANSPORTATION
BORROWED LIQUIDITYHAS CAUSED INSANE STOCKS SPECULATION OVER THE DOW JONES TRANSPORTATION INDEX STOCKS, AT A TIME WHEN THE GLOBAL ECONOMY HAS GONE INTO A COMPLETE ALT, FOR AT LEAST THE FIRST TWO QUARTERS OF 2020.
THE DOW JONES INDUSTRIAL AVERAGE P/E RATIO 28.23 CLEAR EVIDENCE OF HOW STOCKS ARE PRICED WAY OVER THEIR METRICS, POTENTIAL REVENUES AND THE EFFECTIVE ECONOMIC ENVIRONMENT, WHERE THESE MULTINATIONALS HAVE BEEN OPERATING.
THE UPTREND STRUCTURE OF THE DOW JONES INDUSTRIAL AVERAGE HAS BEEN TRADED WITH MANY STRUCTURAL GAPS AND UPSIDE EXCESSES, THEREFORE A MAJOR SELL-OFF
AND RETRACEMENT ON THE 200 DAYS MOVING AVERAGE AND BELOW COULD BE THE OUTCOME OF POOR BUYING STRUCTURE, EXCESSIVE DEBT LEVERAGE BUILD UP, STOCKS OVERPRICING OF A BETTER THEN EXPECTED OUTCOME THAT DOES NOT COMPLY WITH THE CRUMBLING ECONOMIC STRUCTURE OF THE GLOBAL ECONOMY AND GLOBAL SUPPLY CHAINS.
THE DOW JONES INDUSTRIAL AVERAGE COULD, THEREFORE, RETRACE ITS TRENDLINE IN A SPECIFIC RANGE AREA, BETWEEN THE MONTHLY PIVOT POINT 26500 AND THE 200 DAYS MOVING AVERAGE 26250, WITH A POSSIBLE TESTING THROUGH THE PREVIOUS PIVOT POINT 26000. THIS MOVE WOULD DEFINE THE TRENDLINE RETRACING ON THE BASE STRUCTURE OF THE Q1 SELL-OFF, UPTREND REBOUND. IN EFFECT GOING TO TEST MARKET SUPPORT OF THE IKH SENKOU A/B NUAGE.
Comment:
* CHART IT'S ONLY A TRADINVIEW. ONLY FOR EDUCATIONAL AND ENTERTAINMENT