The Indians could be in trouble again.

OANDA:IN50USD   India 50
The India50 is not one that's often talked about. I show how I estimate the price action and probabilities for a short position. As always if anybody is getting into this, prepare to lose! This is a loser's game - we can't win without losing, end of story.
Comment: The Indian stock market opens about 5 hours later than UK time and 10 hours later than New York. Expect trouble in the next few hours, as the Indians wake up fully to reality.
Comment: Trouble has started
Comment: Still rolling. The markets will decide how far down (or not).

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus ]