Check List for a Global Recession:
-ATH at SPX 401% from 2008. Drop 20% 2019 and gained above 60% in 1 year.
- Fed printing money, creating inflation
- Low yield on bonds, bottom out. Bonds overvalued and must come back down.
- No cycle with 50% since 2008. Minimum low test at 2015 and 2019. Runt 20%
- VIX/Risk been manipulated to the downside and no room for “normal wave room”. Getting smaller and smaller and no room continue trend. Vix must come back up hard.
- Gold and silver on the up rise and still getting pressure to get higher because of “manipulation ceiling”.
- Coronavirus, give just 3% selloff in SPX and other indexes. Got a 180-degree reversal and no real show in charting, but news and fundamental is showing “Manufacturing Index” going down/slowing. No real impact. But OIL going down massive. 65-49.29 in weeks since outbreak. Virus spreading to almost 40.000 people “known”. Then almost every country across the globe. 800+ deaths. Corona Virus have exceeded the numbers for SARS from the same Virus family.
- Bank Credit is going bad. Just 37% of the Banks making profit since January.
- From the lowest employment rate ever in US history is increasing. More loosing job.
- Netflix and other services are increasing their monthly pays with almost 10 Dollars a month.
- Teslas extended massive run up with 40% in two days before 18% drop day after. With a price action from 180 dollars in October and now touched ATH 960 dollars in just a few months. Apple above 300 dollars at ATH. Amazon above 200 Dollars. Owner of Amazon selling for his shares in Amazon for 30 Billion US.
- Interest Rate going upwards from ZERO rate for 11 years.
- Copper and Palladium been going down a while now.
- WTI been bouncing outside a triangle for many years since 2009 and now bouncing from Wedge wall for year. Trading from low 50-67-dollar range for many years. Broke 50 last week 7 February 9, 2020.
- Still no real moves in the market. Shows more fear when China pumped in 200 Billion and locked down people money to sell. Reopened Monday 10 Feb. Selling pressure can start.
-FED still printing and putting in huge amount of capital to the market each day. Average of 60-80 Billion Dollars. They agreed to spend 1.3 Trillion from the Federal Reserve to the market for 2020. Been other scenario if they would put that kind of money at 10% drop. Ut they are too afraid to let market drop.
- The Federal Reserve “Burning rate” of the capital is insane. Burning this kind of capital on ATH and not letting market to go down at least 5-10%. That proven “fear”.
- Great Britain is out of EU now with “Brexit deal”. They are out. Pound ramped up with a huge gain when the “rumor broke” then back down and then when deal was done pound ramped up again for a few days when back down hard. Euro and Pound still going lower since. Proven weakness.
- Swedish currency down to ATL.
- No index stocks are in a sustainable price action. Been ramping to fast and can’t keep momentum up. “momentum stop” in place.
-Italy weak economy, been in recession mode for 6 months. Germany weak economy, been in for recession for 6 months. France on the edge. Norway stable with oil industry but still weaker than before. Big institution in Norway sold off many of their position 2019.
- Dollars almost at 100. Time for recession is ticking. 120 dollars is ceiling. We are almost there.
- VIX touched 20 last week. Can blow to 30-50 with this Epidemic turning more if no antidote coming in.
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Check List for a Global Recession:
-ATH at SPX 401% from 2008. Drop 20% 2019 and gained above 60% in 1 year.
- Fed printing money, creating inflation
- Low yield on bonds, bottom out. Bonds overvalued and must come back down.
- No cycle with 50% since 2008. Minimum low test at 2015 and 2019. Runt 20%
- VIX/Risk been manipulated to the downside and no room for “normal wave room”. Getting smaller and smaller and no room continue trend. Vix must come back up hard.
- Gold and silver on the up rise and still getting pressure to get higher because of “manipulation ceiling”.
- Coronavirus, give just 3% selloff in SPX and other indexes. Got a 180-degree reversal and no real show in charting, but news and fundamental is showing “Manufacturing Index” going down/slowing. No real impact. But OIL going down massive. 65-49.29 in weeks since outbreak. Virus spreading to almost 40.000 people “known”. Then almost every country across the globe. 800+ deaths. Corona Virus have exceeded the numbers for SARS from the same Virus family.
- Bank Credit is going bad. Just 37% of the Banks making profit since January.
- From the lowest employment rate ever in US history is increasing. More loosing job.
- Netflix and other services are increasing their monthly pays with almost 10 Dollars a month.
- Teslas extended massive run up with 40% in two days before 18% drop day after. With a price action from 180 dollars in October and now touched ATH 960 dollars in just a few months. Apple above 300 dollars at ATH. Amazon above 200 Dollars. Owner of Amazon selling for his shares in Amazon for 30 Billion US.
- Interest Rate going upwards from ZERO rate for 11 years.
- Copper and Palladium been going down a while now.
- WTI been bouncing outside a triangle for many years since 2009 and now bouncing from Wedge wall for year. Trading from low 50-67-dollar range for many years. Broke 50 last week 7 February 9, 2020.
- Still no real moves in the market. Shows more fear when China pumped in 200 Billion and locked down people money to sell. Reopened Monday 10 Feb. Selling pressure can start.
-FED still printing and putting in huge amount of capital to the market each day. Average of 60-80 Billion Dollars. They agreed to spend 1.3 Trillion from the Federal Reserve to the market for 2020. Been other scenario if they would put that kind of money at 10% drop. Ut they are too afraid to let market drop.
- The Federal Reserve “Burning rate” of the capital is insane. Burning this kind of capital on ATH and not letting market to go down at least 5-10%. That proven “fear”.
- Great Britain is out of EU now with “Brexit deal”. They are out. Pound ramped up with a huge gain when the “rumor broke” then back down and then when deal was done pound ramped up again for a few days when back down hard. Euro and Pound still going lower since. Proven weakness.
- Swedish currency down to ATL.
- No index stocks are in a sustainable price action. Been ramping to fast and can’t keep momentum up. “momentum stop” in place.
-Italy weak economy, been in recession mode for 6 months. Germany weak economy, been in for recession for 6 months. France on the edge. Norway stable with oil industry but still weaker than before. Big institution in Norway sold off many of their position 2019.
- Dollars almost at 100. Time for recession is ticking. 120 dollars is ceiling. We are almost there.
- VIX touched 20 last week. Can blow to 30-50 with this Epidemic turning more if no antidote coming in.