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Basic fibo targets shown in the graph.
Next focus is on 25.400 retrace soon.
More massive overheating is possible via FED stimulus, but not preferred. Mentioned here the basic RSI signal.
Massive jobless since Corona outbreak 2019 -> even good recovery news can't fix that problem.
Massive upcoming company insolvent time is up to the next...
Why to buy now?
- We faced a huge correction this month
- We face massive QE and REPO (since 2008)
- We have only a economy stop, not a crash
- China goes back to work
- We face first Corona Drug tests.
Remember, we face only a corona panic! This isnt as worse a the flu!
Strange market conditions.
First side: Biggest weekly sell off + Fear
Second side: Biggest rescue operations via FED, IMF, World Bank and rate cut.
Conclusion: Put gasoline into fire, but fire could catch up to your house :D
1) Technical recession 2008 went into 2019
2) Mas manipulation on monetary system by FED to keep dead economy cycle up
3) Corona world supply chain breakdown
1) US and World economy is worse, liftet up by money injection makeup
2) Recession cycle will come, that's basic economic course level.
3) AAPLE, TSLA and Co will only change this world by...
We see here sth special. Gain since 2008/9 crisis.
In the crisis worldwide money injection went on to delay a full recession.
Problems, we need more and more injection of monetary pol. or endless injection.
Companys like Amazon, Facebook, Alibaba, Bitcon and the other only rised of this unlimited injection of liquidity.
We don't solve recession, we...