Hello again.
Everyone I see is long commodities. I believe the contrary will happen. An equities crash will cause selling in commodities to cover losses. Only after this will the threat of inflation become very real. I could very well be wrong but only time will tell. I believe a similar situation happened in the 08 financial crises which is why I have highlighted the similarities in this chart.
I have no positions currently and will look to take long calls (if this chart plays out). My load up zone is 15-18.
Hope everyone has a lovely day and remember to trade safe!
This is not financial advice.
S+S
TTT
Everyone I see is long commodities. I believe the contrary will happen. An equities crash will cause selling in commodities to cover losses. Only after this will the threat of inflation become very real. I could very well be wrong but only time will tell. I believe a similar situation happened in the 08 financial crises which is why I have highlighted the similarities in this chart.
I have no positions currently and will look to take long calls (if this chart plays out). My load up zone is 15-18.
Hope everyone has a lovely day and remember to trade safe!
This is not financial advice.
S+S
TTT
Comment:
Adding to say i believe a monthly close above 28 invalidates this theory (support from the big rip in 2010-2011.
Comment:
She could try and bounce from 21....
Comment:
Another possibility...
