With the Federal Reserve finally raising interest rates and risk sentiment entering the market, there is potential for a bullish break of a falling wedge.
Can we expect a collapse of the Europezone?
*As Goldman predicted*
A Monetary divergence
This step is likely to be followed by the Federal Reserve's (Fed) decision in the opposite direction to raise interest rates for the first time in nearly a decade at the December 15-16 meeting,
Just Playing & Guessing Possible scenarios for the hereafter.. 2015 / 2016
CFTC non-commercial net positions for WTI oil rising for fourth week reaching 231k net long contracts. In the past similar repositioning among futures traders was in March of 2015. Goldman Sachs recently came out with unrealistic price target (20USD).Usually also a sign of reversal. Remember Gold prices in summer of 2011 what did Goldman say?
For the past five years, stocks like Goldman Sachs Group Inc. (NYSE:GS) and JPMorgan Chase & Co. (NYSE:JPM) have led the rally in the stock market after being decimated during the Financial Crisis of 2008. After the "Too Big To Fail" banks were bailed out by the taxpayer, they have been able to borrow money from the Federal Reserve at 0%. They would use that money...
