EU BANKS| DOWNTREND | CHOP AHEAD | A solvency crisis incoming?
Short chart idea about EU banks.
Expecting choppy times ahead. Currently, at the bottom of the downtrend.
I do not think that the worst case scenario is likely, although can never underestimate the strength of a potential domino effect to a solvency crisis. You can see the probable bottoms from the labelled array of trend lines.
Intuitively, you can observe, that stimulus has kept banks alive. How long it'll last before stimulus becomes counter productive?
The chart summarizes it all.
-Step_ahead_ofthemarket
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DB still in a downtrend.
Expecting choppy times ahead. Currently, at the bottom of the downtrend.
I do not think that the worst case scenario is likely, although can never underestimate the strength of a potential domino effect to a solvency crisis. You can see the probable bottoms from the labelled array of trend lines.
Intuitively, you can observe, that stimulus has kept banks alive. How long it'll last before stimulus becomes counter productive?
The chart summarizes it all.
-Step_ahead_ofthemarket
________________________________________________________________________________________
>>I do not share my ideas for the likes or the views. This channel is only dedicated to well-informed research and other noteworthy and interesting market stories.>>
However, if you'd like to support me and get informed in the greatest of details, every thumbs up and follow is greatly appreciated!
Disclosure: This is just an opinion, you decide what to do with your own money. For any further references or use of my content- contact me through any of my social media channels.
DB still in a downtrend.
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