NQ could go to 13300 or 10500 on stimulus decision.
Higher probability stimulus is already priced in at this moment and even if stimulus is passed before election 10500 more likely.
Either gold is going to create the handle of a major 9 year cup and handle.
Or governments will panic and fail us all, causing a major deflation price collapse in all assets.
#Canadian real estate is finished.
The top is in for Canadian real estate as it has tested the top of 2007 multiple times and now is in a decline.
#Canada #debt
RBC $RY large head and shoulders pattern forming, as the correction in September 2011 and January 2016 formed the base for the left shoulder. While the rally from 2016 to 2018-2019 formed the head of the top.
Looking for RY to retrace to the base at $44 by March 2020.
Short term retrace to lows of December 2018.