Get ready gentlemen. Buy puts, shorts, this is it. Sell you stocks.
If this chart of any indication. Something is about to start breaking in the global economy.
Once i saw this comparison. it became all clear.
Start shorting everything and everyone except for gold/Oil? Value assets?
We may get a squeeze cause u know, the damn bankers have an infinite printing machine!
This chart pattern should worry everyone!
The only case for bulls, i see as of right now, is well everything is peachy. Banks will continue to print money at higher interest rates, because stocks were such a safe heaven.
OOPs nope, corporations have giant debts, they have been doing buy backs at All time High. What could possibly go wrong.
30% of all SPY is in FANGS
48% of apple stock price value came from buybacks.
Interest/Inflation rates going up, debt payment up, Emerging markets getting slaughtered. Trade war is on. China is screwed and in an impossible position.
Their GDP ration is crazy, Japan can;t raise interest rates even by 1% without fully drowning in more debt.
Again, the economy is so fragile, it will take 1 mistake not a series of mistakes to kill it.
But nope, if you listen to professionals and mainstream. Everything is peachy. Straight to the moon!
Tesla to $1000, apple to $400. I mean why not? Banks print at 0%, buy more shares and HODL - like pros. I mean zero risk!
It is time for Mr. Market to remind them of market gravity.
Then again, i am just a trader venting on a Trade view - what do i know.
This message is for those that been holding for a while, GET OUT while you still can. You gained awesome ROI.
Are you squeezing that extra 10% on a 200-400% gains?
Is that what banks are doing? Greed is going to burn them?
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Thank you,
Ajion