KrunchieKilleen
Short

BULL RUN OVER: HEADING FOR 20 YEAR SUPPORT LINE

AMEX:SPY   SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS
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Chart shows ETFs of three Indexes: S&P , NASDAQ and FTSE . The Bull run is definitely over. How far will the Indexes fall? General patterns indicate that the Indexes are heading for a substantial fall - as far as the 20 Year Support LIne. FTSE is already nearly there on the fear of a HARD BREXIT (although the Companies that make up FTSE are international traders). However, a Hard BREXIT is impossible. Trade will continue between Britain and Europe after the BREXIT deadline, because this trade can't be cancelled overnight. An arrangement has to be made to allow multiple small changes to occur over a long period of time, rather than suddenly impose custom controls on everything. Inevitably, in time, the Customs Union has to be re-affirmed, whatever about political and currency union. For the moment, this is one of the great Unknown Fears that drives the Indexes, American and Developing World as well as UK and Europe, right down to base-line.
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