I'm not trying to time it but this looks like a possible pattern. Might even go higher especially when the FED is printing like crazy. The dollar might be on it's last leg. Thanks for the view.
I've looked at Warren Buffett indicators and debt indicators and came up with these target. This could be a really painful crisis. I also looked at overall PE ratios in the markets. I believe we are in the biggest bubble in the history. Debt bubble, stock market bubble, and bonds bubble. Also we have the highest margin used in the stock market in history. Please...
Trading over 90 times the earnings due to a lot of hype. Now that the economy is slowing. This might be the time it comes down to earth.
We may be heading down for 5th wave. A painful drop.
This divergence is rare to form but when it forms the price can move substantially to the upside.
might crash along with the stock market imo
I believe China''s economy will overtake the US in the near future. The demand from China is going to be much greater from the effects of Chinese currency overtaking the dollar. Meaning people in China will feel richer when they see their currency value goes up.
Let me know if you think otherwise. Thanks and please share your charts with me!
CDC just extended no sail order for another 100 days or possibly more. Stay out of cruise line stocks for now.
Just remember the FED is buying things on the cheap so they can themselves profit when markets recover. So do you really think they will buy here right now today or do you think they will wait for everything to completely crash first? Anyway lets talk about the chart. We close below 50% fib retracement for the week. When you look at the bigger picture this recent...
This is not a prediction. This is my study of the market and I just want to share it. The market trap bulls and bears both ways. If you are a one way thinker this study might not be for you. But if you open minded this should give you some kind of idea of probabilities in the markets. Thanks for viewing
Short term bullish pattern IMO
This move down was from panic selling due to everyone thinking the coronavirus will be here forever. What everybody doesn't know is that active rigs will shutdown at faster rate this time than ever. Already we have active rig count down by 20 this week to 667. If we have 80 to 100 active rigs shutting down a month it will also hurt supply which should balance the...
Future outlook on USD to Chinese Yuan. All in the chart