Hello all,
I have been saying the US stock market is going to crash for about a year now, and well, it looks like I might be right.
The significance of my moving averages is due to the fact that they represent 1 year, half a year, and a quarter of a year. You'll notice the year held in the last dip, but has not this time. This is a bearish signal. In addition to this, we are entering into muddy trade waters as per Trump and interest rates are high.
I would strongly suggest not being in the SPX or any large US index right now. We might face a serious deleveraging/depression. I am ready to leave the country if need be. Hope we all survive :)
Godspeed.
-YoungShkreli
I have been saying the US stock market is going to crash for about a year now, and well, it looks like I might be right.
The significance of my moving averages is due to the fact that they represent 1 year, half a year, and a quarter of a year. You'll notice the year held in the last dip, but has not this time. This is a bearish signal. In addition to this, we are entering into muddy trade waters as per Trump and interest rates are high.
I would strongly suggest not being in the SPX or any large US index right now. We might face a serious deleveraging/depression. I am ready to leave the country if need be. Hope we all survive :)
Godspeed.
-YoungShkreli