This is going to be a crazy week ahead. We're in a similar situation as we were in March 6-11th. You're going to see high-velocity swings up and down the next 2 weeks until one side capitulates
We've been faced with one black swan after the other. First it was Covid-19, then FED unloads the kitchen sink, now this...Just a heads up, deflation = kills Fed printing power. Oil going negative = massive deflation.
Please comment your input or leave me any questions :)
Why does deflation kill power of Fed to print money??? Isn’t deflation (or at least lack of inflation) the reason why Bank of Japan has printed so much money for the last 15 years?
frodo75
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I agree with your W shaped recovery pattern. Following it closely.