Bear Market? I'm just publishing this idea in case the market does drop and I can say I saw something. Maybe something will happen in the next 14-21 days (until 10/4 I think I marked on the chart)
These are just thoughts, nothing to take seriously...
Evergrande Not paying interest payments - Potentially cause a ripple effect due to the large amount of US companies that are invested in China causing larger damage than expect? - China pissing their pants and having the USA slip in the puddle
Increasing protests over Covid Vaccines AMC MOASS GME MOASS Usual Mid September - October Bearish month TLT Bullish Pennant as well, looking to break above 152.
What else am I watching?
TNX - 1/23/2020 bearish candle and break down people leaving GOLD 2/13/2020 large moves up (money moving TO gold) TLT 2/13/2020 startes to move up (money moving to TLT) US10Y 2/18/2020 (started dropping) JNK - Dropped same day as SPY (covid collapse 2/20/2020) TLT/JNK chart - when this chart spikes like it did between 1/22/2020 on ward it shows big money ditching JNK to go to TLT (safe haven) DXY - Strong dollar, weak stock market
Hedges? TLT Uranium (SRUUF/UUUU/URNM) Cash
Or this could be a consolidation of sorts sideways.