Long term Bearish
Updated
Everything looks like we are in the tunnel of flashing back to 2007.
Looking into the monthly chart, the similarity of Nov 2017 and Dec 2018 smashed my head.
Whatever pattern or indicators show an extreme bearish trend which might bring the same level tsunami to the market.
I strongly suggest to dump any risk assets in your hand and buy in JPY or gold.
For agresssive investors, Nikkei(2007 from ATH 50%off) or UKX (2007 from ATH 50%off)are the best targets to short.
Super Long-term short from now
Looking into the monthly chart, the similarity of Nov 2017 and Dec 2018 smashed my head.
Whatever pattern or indicators show an extreme bearish trend which might bring the same level tsunami to the market.
I strongly suggest to dump any risk assets in your hand and buy in JPY or gold.
For agresssive investors, Nikkei(2007 from ATH 50%off) or UKX (2007 from ATH 50%off)are the best targets to short.
Super Long-term short from now
Note
So we started our first stepFall out of the wedge, if everything goes the same as 2007
My target would be 10000 in very long term, and this will be a very exhausting bear market ever.
Note
First tp will be 18500, then we will see a huge short squeeze
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.