Massive Breakdown in markets?
1) BEARISH: Our INDICATOR (green/red) is getting the first bearish signal.
2) BEARISH: On the Weekly, Montly and even Yearly we see a massive bearish divergence in RSI.
3) BEARISH: The WEEKLY MACD has as almost a bear cross.
4) BEARISH: Corona is getting worse, the stocks are only up en everybody is getting more money in stocks?
5) BEARISH: Only the FED is pumping money but for how long
6) BEARISH: DXY (Dollar) looks for a trend reversal for a couple of weeks now (DXY is bullish)
Companies are closed and we didn't get the first bankruptcies. But I think we will see a Massive Breakdown in this market.
I like to trade, but I don't like to gamble on a world wide pandemic while stocks are a ATH (all time high)
Let's see if we getting in the green again. But I don't think we go up for a while now..
Please share your vision below!
2) BEARISH: On the Weekly, Montly and even Yearly we see a massive bearish divergence in RSI.
3) BEARISH: The WEEKLY MACD has as almost a bear cross.
4) BEARISH: Corona is getting worse, the stocks are only up en everybody is getting more money in stocks?
5) BEARISH: Only the FED is pumping money but for how long
6) BEARISH: DXY (Dollar) looks for a trend reversal for a couple of weeks now (DXY is bullish)
Companies are closed and we didn't get the first bankruptcies. But I think we will see a Massive Breakdown in this market.
I like to trade, but I don't like to gamble on a world wide pandemic while stocks are a ATH (all time high)
Let's see if we getting in the green again. But I don't think we go up for a while now..
Please share your vision below!
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