EylemCulculoglu

Prepare for global economic crisis

Short
TVC:NDQ   US 100 Index
NDX and SPX indexes are extremely overbought. Stock prices are rising much more than general economic growth. Especially this year this has become extreme. Because of the Corona virus many businesses are shut down. Unemployment rates are sky rocketing. Tourism and aviation sectors are practically dead. But stock prices are still rising. We have seen the same at 1999-2000 (dot-com bubble). If you look at the chart you can see the same overbought situation before the 2001 crisis. I am expecting a similar or even worse global economic crisis like 2001. I highly recommend not to invest in stock markets. If you are holding stocks you better sell them now. Bitcoin and physical gold will be the winners at the crisis.
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