STRIKEFORCE TECHNOLOGIES, INC., VANECK VECTORS ETF TRUST GOLD MINERS ETF, ONCOLIX, INC., ISHARES TRUST MSCI EMERGING MARKETS FUND, GENERAL ELECTRIC CO, SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
This is very similar to the purple path in my last idea (see below) only the right shoulder around April-May is a little higher.
Main catalyst: 1. a weakened economy and heavy debt load limit Fed's ability to tighten too much down the road. When things get really bad, QE might even be restarted 2. US-China trade war resolution could help the RMB and in turn lift gold
With the news of trade war on hold, there is No Reason to be Bearish for the Rest of 2018 any more.
Many stocks are at key support area already so we are unlikely to go down much more from here.
The big Fang stocks are nearing peak earnings , at least for 2018, so a decent correction is immanent. However many value stocks are deeply oversold so This Rally Has Legs.
My 1st Amazon Bearish Projection failed miserably, see below. This is the 2nd try.
I Just Become Less Bearish on SPX500 -0.86% after seeing today's price actions. The numbers FANGs reported looked OK so the immediate downside is probably limited. Below are 2 of my previous projections: