Deflation/Soon to be HyperInflation??
Retest the handle to 2780
Lower Earnings=Higher Equity prices..Makes Since
Prettiest horse in the glue factory..
The recession started at the start of this pattern..
Look around you..Do you see the slowing yet. Malls are flooded with vacant spots..Check out the commercial retail spots available in your town...many...
On the 22nd of April I published the Opportunity coming
Not a lot of charts, just the ones that matter.
Well the weekly and the monthly now have merged with all the time frame to show the divergence that will take us lower.
The time is right.
Place yourself according
190 points lower since the Blow out chart
What are you waiting for?
Bounce above 2900.. Could be a hundred point higher than here today..So enjoy the rally to accumulate short around these levels. Any time higher is a gift.
All time high fractionally??? or just Oct 2018 high
Global slowdown contagion hitting our shores..
Rates cut sooner than the fall to fan the fire before its out
The market didn't read this one soon enough....
Walk The Line
Doesn't Matter, But the falling wedge suggest a rally coming soon.
Buying opportunity long/short during pattern creation/continuation and long at confirmed wedge upper line break.
Will the US stay stronger and force the Euro to new lows?
Will the Fed/Earnings/Trade/Global Unrest/Political/Military Action or what shoe will drop to...
Can we hit new highs?
How much longer?
IPO's to unload before the House of Cards comes tumbling back to reality and noone is around to buy at the high prices needed.
Earnings and closing stores and lower rates and stimulus being planned.
Lets ride it either way. Doesn't matter to me as long as i can see behind the curtain soon enough.
Spx is at the retracement area of the old established chop zone.
Follow the trend line lower?
Bounce back to the top line?
Failure to the lower line?
Stay in the Zone?
Sell the Rally
I think it's still a short accumulation opportunity..
January's fall looks to continue, but will it be $90 or $55 or $48
Does the Jan 6th break lower correlate with the SPX and DJI rally break.HMM
So will the equity markets roll over once Ethereum starts the rally?
Sentiment for the Equity markets are getting sour, will an inverse reaction occur?
Ideas and comparisons.
Global Slow Down, Lower Guidance, High Valuations, Lower Earnings
AHH Treasuries.. Who wants umm..QT.. Higher Rates..
Another QE, Lower Rates?? Ya never know. More digital money to keep this house of cards up.
Sounds like uncertainty..Well one thing is certain and that is
Gold is an indicator of crisis and a rise in the price shows a struggle in the economy. Many governments/investors use gold to protect their principal.
With the Euro less appealing as a play away from the dollar. Gold will rally, since all currencies have issues.
The FED'S continuing QT. The ECB halts QE. Stimulus, Stimulus everywhere. Rates...
Ok... Let me get this straight.
The U S economy over the past six weeks is showing signs of so much slow down due to the GLOBAL cross currents of every major economy so let’s rally this market. Because with less of the world spending money on stuff we should rally this market off the tracks until the Man feels enough people feel safe in reentering the market. The...
Sometimes you just gotta lay it out there and let it be.
So will the $52 billion of QT happen, or will rates rise, or will people realize the global slowdown is real and it has reach our shores. the contagion has begun.
Trade tensions rise as the can is kicked down the road. Politicians can't get out of their own way.
Polish off the recession proof equities....