supere

The Great Financial Wall

Short
supere Updated   
AMEX:XLF   SPDR Select Sector Fund - Financial
It is with great sadness that I write this today. However, my humble opinion is that the assassination of Irani General Suleimani is not some singular event in the space-time continuum that can be ignored. In fact, it will, in all likelihood, eventually make it into the history books as a parallel to the assassination of Archduke Franz Ferdinand leading up to WWI. I am not supporting this man's crimes, rather condoning the thoughtless method in the which his demise came to be.

Some may see President Trump as a courageous new figurehead who will bring greatness to America again. However, I see him as the mostly untold story of Hercules, a strong and insanely courageous, but *wreckless* man who will destroy decades of peaceful global collaborative progress built by generations of predecessors.

Today, I throw myself out there again and predict that the next Great Wall will not be the Great Wall of China, nor the Berlin Wall, nor the Steel Wall of Mexico, but the Great Financial Wall that may not be surpassed for years to come. (Mind you, Trump has already greatly humiliated and angered two of these aforementioned great cultures during his Presidency and no good will come of that either.)

I am officially switching my stance from neutral back to short based on the important trigger event that unfolded on Friday. Now it's time to patiently wait for support levels to drop out.

Good luck and stay as safe as you can, friends!
Comment:
The Great Financial Wall holds. I doubt it shall be breeched.
Comment:
I believe the final attempts to breech the Great Financial Wall are almost complete. Soon the ancient defences of this wall shall surprise and smite down all who try again to climb it. Next week, we shall see.
Comment:
The Great Wall has now held for 6 weeks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.