Be careful, Shorts are not at extreme levels...so the pain can be much harder, I will expect a huge crash next days till 50-75 level, due to margin calls.
Above 1300 or below 1160... GOLD IN Swiss Francs Appreciate¡
Too much uncertainty in a business model with decreaseing operating margins and backlogs delay Price Target 6.00
Lehman 2.0 with HSBC, CHINA CITIC, DEUTSCHE BANK? The end is coming Long Vix till trading halted. Last time, Natgas vs US OIL has this nasty behaviour and performance was sept-oct 2008... .. System has collapsed.
CCI overbought extreme Upper part of a the channel.
Lower oil prices will hurt Russian Economy Higher CDS Lower Russian Equities Valuation Also bad for italian economy due to Iran links.
Maybe 2019-2020 lower growth, higher risk premium, Possible downside in sell offs till 9800-10200
Look the huge divergence... Bad for insurance valuations.
Company is expensive 1.15 x P/S for a insurance company which is aberrant 35% retracement for next 12 months
Be careful SP 500 can drop 5% to clear that bearish divergence.