While earlier this week we all saw quite the large sell-off, only to be in an equal amount of awe regarding the rebound.
In my opinion this is a rebound pushed further by algo's and robo traders. Do we go higher? We could but it doesn't matter. The market will sell-off very hard sometime in late 2019 or early 2020.
Why?
Quantitative easing around the world is going back to 0.
Yields are going negative around the world.
Canadian/American Yields will be near 0 before 2021.
Economic numbers are dwindling.
Manufacturing has tumbled.
Record level of governmental and consumer debit/deficits.
Federal Reserve and ECB will panic with respect to the sell-off coming and will drop rates too quickly, resulting in an inflationary recession.
Monstrous currency devaluation all across the world.
Fiat currency will decrease in value significantly through 2020-2021 and beyond, years.
You must also ask yourself..if the market and economy was as good as people on TV (including Trump and Kudlow) say, why is Gold and Silver on the verge of a epic and historic run? The answer: the market is being manipulated to trick people and a bear market is coming soon and fast. People have been buying to swing trade and short - NOT to go long.
I am targeting December lows again, ironically, by near December or January.
BE CAUTIOUS WHEN TRADING.
- zSplit
In my opinion this is a rebound pushed further by algo's and robo traders. Do we go higher? We could but it doesn't matter. The market will sell-off very hard sometime in late 2019 or early 2020.
Why?
Quantitative easing around the world is going back to 0.
Yields are going negative around the world.
Canadian/American Yields will be near 0 before 2021.
Economic numbers are dwindling.
Manufacturing has tumbled.
Record level of governmental and consumer debit/deficits.
Federal Reserve and ECB will panic with respect to the sell-off coming and will drop rates too quickly, resulting in an inflationary recession.
Monstrous currency devaluation all across the world.
Fiat currency will decrease in value significantly through 2020-2021 and beyond, years.
You must also ask yourself..if the market and economy was as good as people on TV (including Trump and Kudlow) say, why is Gold and Silver on the verge of a epic and historic run? The answer: the market is being manipulated to trick people and a bear market is coming soon and fast. People have been buying to swing trade and short - NOT to go long.
I am targeting December lows again, ironically, by near December or January.
BE CAUTIOUS WHEN TRADING.
- zSplit
