possible stock market crash? interesting head and shoulders formation. If neck line breaks i believe that it would cause panic sell.Markets could possibly plummet. There's a lot of economic fundamentals behind my prediction,which i have been calling for months , but i will not be stating them as its pure speculation because nobody knows whats happening next . If you've been watching the news closely and you have economics knowledge you'll understand the situation with US debt and the possibility of an increase of interest rates. you'll also understand the direct correlation between interest rates, bonds and the stock market.
This analysis was done now due to the interesting chart pattern i have just seen.
IF THIS DOES HAPPEN I WILL BE LOOKING AT THE FOLLOWING:
-To short US30
-To short US500
-To short USTEC
- To short US2000
i will also be looking to short the following shares:
-NASDAQ
-AMAZON
-GOOGLE
-And companies in the following sectors(determined through research and should not be taken as my own advice);
*Retail
*Casual dining
*Manufacturing
*Automotives
*Alternative energy
Disclaimer: this post is purely for education purposes only and solely depicts my thoughts based on my understanding of the economy. This post does not intend to cause misguidance to anyone's thought process and should not be a factor to your personal investment decisions.
call me crazy :))
Lets see how the economy unfolds
GOODLUCK TO ALL
This analysis was done now due to the interesting chart pattern i have just seen.
IF THIS DOES HAPPEN I WILL BE LOOKING AT THE FOLLOWING:
-To short US30
-To short US500
-To short USTEC
- To short US2000
i will also be looking to short the following shares:
-NASDAQ
-AMAZON
-And companies in the following sectors(determined through research and should not be taken as my own advice);
*Retail
*Casual dining
*Manufacturing
*Automotives
*Alternative energy
Disclaimer: this post is purely for education purposes only and solely depicts my thoughts based on my understanding of the economy. This post does not intend to cause misguidance to anyone's thought process and should not be a factor to your personal investment decisions.
call me crazy :))
Lets see how the economy unfolds
GOODLUCK TO ALL