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liberatedstocktrader
Oct 15, 2018 5:38 PM

Economist Magazine - The Next Recession $SPX Short

S&P 500SP

Description

Everyone is starting to panic about the next coming recession, even the Economist Magazine jumped on the bandwagon with an issue front cover showing "The Next Recession - How bad will it be". They claim it will be bad, and difficult to resolve because many of the tools of QE etc are already in use. It is fair comment and well written, but they did not mention the when. And this is a crux of the matter, the best economists in the world never know when. So to all of you out there starting to panic, this is a reminder. On the chart see, "this is not a crash" and "this is a crash". By my estimate the S&P500 0.00% would need to shed at least another 250 points to move into the stinky zone where my crash detector system will trigger.

RSI and CMF still negatively divergent, price is starting to comply now.

Stay Tuned.

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Comments
craigemm
The Economist used to be good, years ago.

There is so much garbage and poorly researched propaganda particularly about Geopolitics that I have had to conclude it is just another source of disinformation of the International Socialists and as such have vowed never to read it again as its a waste of time. - Ie the headline!

The when...?

thats what my 'BIG Short idea' is ALL about, thats how they'll justify it as well (QE spent). This may see Crypto explode for real this time... I have an idea when I'll look at my Charts again and message you in pvt.

Cheers
Craig
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