Price is moving in a channel.
By the way, zoomed out it looks like this:
Looking at momentum sure it slowed down, but remember we can keep going up a while with bearish divergence before retracing.
With negative rates people would throw their money into anything rather than pay interest.
Really a weird and dumb decision by central banks...
I really have no idea what they are trying to accomplish?
We must push growth MORE MORE MORE.
The top of the channel is around 3015-3025, we can expect with decent odds that the prce retraces from there.
Stop should be pretty tight. 25 points maybe. And if it retraces hold, trail it, expecting it to get to the bottom line.
By the way, zoomed out it looks like this:
Looking at momentum sure it slowed down, but remember we can keep going up a while with bearish divergence before retracing.
With negative rates people would throw their money into anything rather than pay interest.
Really a weird and dumb decision by central banks...
I really have no idea what they are trying to accomplish?
We must push growth MORE MORE MORE.
The top of the channel is around 3015-3025, we can expect with decent odds that the prce retraces from there.
Stop should be pretty tight. 25 points maybe. And if it retraces hold, trail it, expecting it to get to the bottom line.
Comment:
Keeps getting better.
* Trump, an old man that will die soon, wants to devaluate the dollar "like em doang in the europe dem cheatars".
* Germany interest rates have hit their LOWEST POINT EVER
* Evil greedy corporation Disney (after ruining star wars & marvel as soon as stan lee died) denies someone having the picture of spider man on his dead son tomb and "we have made contact with Marvel to ensure the family are complying with their terms and conditions".
STOP
VOTING
FOR
PEOPLE
THAT
WILL
DIE
SOON
Either we change the system and presidents last longer / we go back to monarchy (usually they care about their lineage) OR we vote for young presidents only there is an age limit & presidents are held responsible for their actions 1-3 decades later.
These old people are preparing an insane recession + ruining the planet.
What a disgusting bunch of old pigs.
How will the crash be stopped if inflation is already high and rates low?
These old dying greedy morons are ruining our future so they can have a "strong" economy for the time they have left in the simulation and keep "partying" etc and tell people how they made the economy strong. Most people are too dumb to figure out what is really going on and will cheer and give them love while they are going to tell people like me "this did not age well" when prices go up.
I'll report them once I get out of the simulation.
At the same time I can't really say I care that much, the sheeple get what they deserve, I just find this attitude disgusting. I sure am not going to feel any remorse when I profit from this and invest in stocks at a 90% discount!
* Trump, an old man that will die soon, wants to devaluate the dollar "like em doang in the europe dem cheatars".
* Germany interest rates have hit their LOWEST POINT EVER
* Evil greedy corporation Disney (after ruining star wars & marvel as soon as stan lee died) denies someone having the picture of spider man on his dead son tomb and "we have made contact with Marvel to ensure the family are complying with their terms and conditions".
STOP
VOTING
FOR
PEOPLE
THAT
WILL
DIE
SOON
Either we change the system and presidents last longer / we go back to monarchy (usually they care about their lineage) OR we vote for young presidents only there is an age limit & presidents are held responsible for their actions 1-3 decades later.
These old people are preparing an insane recession + ruining the planet.
What a disgusting bunch of old pigs.
How will the crash be stopped if inflation is already high and rates low?
These old dying greedy morons are ruining our future so they can have a "strong" economy for the time they have left in the simulation and keep "partying" etc and tell people how they made the economy strong. Most people are too dumb to figure out what is really going on and will cheer and give them love while they are going to tell people like me "this did not age well" when prices go up.
I'll report them once I get out of the simulation.
At the same time I can't really say I care that much, the sheeple get what they deserve, I just find this attitude disgusting. I sure am not going to feel any remorse when I profit from this and invest in stocks at a 90% discount!
Comment:
Posted this in the wrong idea...
Market got a reason to fall.
France approves digital tax on American tech giants, defying US trade threat.
Le Maire has said the tax would raise up to 500 million euros ($565 million) per year.
Trump is pretty pissed.
Good, good. This is too convenient... Can't be a coincidence...
Rothschilds orchestrated it all?
IMF? G8? ECB? All 3 have a french president.
Market got a reason to fall.
France approves digital tax on American tech giants, defying US trade threat.
Le Maire has said the tax would raise up to 500 million euros ($565 million) per year.
Trump is pretty pissed.
Good, good. This is too convenient... Can't be a coincidence...
Rothschilds orchestrated it all?
IMF? G8? ECB? All 3 have a french president.
This is what I remember of the story the details might not be exactly correct but it does not matter.
People not living in a box should be in the same situation now.
We are seeing plenty of people that never invested and have no idea how it works just buy (reasons are easy access and cheap commissions, bad advice from top investors, too low interest rates for too long, development of communications so the hype can spread more easilly, the top elite making it look easy).
After a pullback, price can just keep going up. The herd is not all buying at once.
There are alot of people hesitating. When this pyramid scheme goes parabolic this is when most of the hesitant people will not be able to take it anymore and buy.
And this is an absolute guarentee (if price starts to go parabolic).
Press F to pay respects.
NO ONE WILL BE ABLE TO STOP THE SELLING OF BILLIONS OF PEOPLE.
Central banks would have to print trillions and trillions if they do the consequences are as bad or worse remember 1930 germany inflation?
Of course companies that everybody knows go up the most...
There are hundreds of millions of amateurs now that normally would not have been interested, or would have let professionals manage their money, that are now potentially going to buy overvalued companies, just throw their money in.
Interest in the bank is near zero or even negative so people, that now can buy stocks more easilly than ever and even get low or NO commissions, are just throwing their money in.
Would not surprise me if central banks are ruining the world (in the future) so they can profit from the biggest herd ever buying and buying and buying.
In the end, I think up to BILLIONS of people are going to get decimated.
"We can't stop the selling" "What can we do".
It is just ridiculous...
So you have guys like Tony Robbins & Warren Buffet and many more:
- Do not let professionals manage your money you can do a better job yourself. HORRIBLE advice for 2 third people or maybe even more.
- Just buy the index/big companies you like. Another horrible advice for casual people.
- Etc all sorts of advice that are not meant for people that are not in the top.
At ABSOLUTE MOST top 33% if you really want to help the most people.
There are top investors that are the elite, and give advice to casual people.
What they do not realize is all these people are not like them.
What seems completely obvious to them is not to others. I know, I regularly get stunned by the stupidity and ignorance. Oh so it is not PC to call people stupid? Burying our heads in the sand will make it go away? NOPE.
The expression "dumb money" did not appear out of thin air...
I hate this because it is possible when this all crashes into the biggest bubble we have ever seen, regulators will literally outlaw the buying and selling of financial products to non professionals. I do not know what the rules will be then? You need half a million and proven experience to be considered professional?
These idiots and their protection. Totally powerless to protect, but very powerful to prevent legit use.
Might only have a few years to make it big enough in case this happens.
Oh so this means more risk and a bigger bubble...
If I am unable to trade due to regulations, does predicting this help me get a job to use my skill to help someone else make money?
his could be the biggest bubble EVER. You are not ready for what is about to come.