Get started

Economy

THE GREAT CRASH IS COMING! This Fractal Pattern Tells Us Why!Hello friends! It's been a while. Many apologies for that. Life has been busy so I haven't been able to dedicate much time to T.A on TradingView. I have recently pulled out of Crypto, just waiting to see if Bitcoin decides to break-through or crash. Patience is key here - keep cash handy. You want to be sure of your investments (easier said than done in these very strange financial times). I have been researching the U.S Economy lately. How is it that in that there is no correlation between the workforce economy and the stock market? The U.S have recently averted default (when you're unable to make a repayment) by once again - lifting the debt ceiling to 28.9 trillion US dollars (yes, that is correct). This situation, better known as Cockroach Motel is a game that has never been played to this extent before. Keep avoiding a recession by printing your way out of it. Negative consequences? Yes. Many. Here is a dump of my notes and why the US isn't in as good as a position as you may believe: ✓ Uncontrollable Inflation due to the U.S's printed economy. ✓ Debt highly leveraged across all trading firms. ✓ Feds left with no further tools due to 0% interest rates. ✓ Commercial property vacancies increasing. ✓ Energy shortage crisis in Europe and China. ✓ Rising expenses, declining incomes. ✓ Gas and oil prices at an all time high in Europe. ✓ Commodity prices at highs not seen since 2011. ✓ Irresponsible government spending and federal policies. (Yes, the Biden Administrations 'Build Back Better' agenda is a little too pricey for their current situation) ✓ Evergrande and Fantasia Holdings on the brink of bankruptcy in China. ✓ 2008 GFC was the housing bubble crash. Every asset is currently in a bubble. We are in a debt crisis. ✓ 40% of the money in the US economy has been printed in the last 12 months - now more. Feds have printed their way out of the 2008 and 2020 COVID-19 recession and made the debt bubble larger. ✓ Effective Federal Funds Rate is down to 0.8% - cheap money. ✓ Post 2008 recovery is an ongoing untried experience. ✓ Market is currently parabolic, as seen in 1929 crash which results in 90% drop. ✓ Wealth gap is increasing due to printed money. Asset prices increase as yearly salary stagnates/decreases due to inflation. This makes the rich richer and the middle class and poor poorer. ✓ No correlation between the economy and the stock market. Money is staying in the investor market. ✓ Velocity of money is plummeting. People are not spending. The Chinese economy is growing while we are stuck with a massive debt. ✓ Saving going up and spending going down. Debt/GDB ratio is extremely high. ✓ Huge underemployment. ✓ Massive social unrest. Fed and treasury haven't invested in the working class. ✓ Superannuation is going to crash which will force many to convert their portfolio to liquid money. ✓ Armed the Taliban in Afghanistan. Weapons will be used against our only ally, Israel. ✓ Yallan and Powell work for the Fed and treasury which is essentially a communist organisation. ✓ Bullish Gold, Silver and BTC ✓ Michael Burry and Robert Kyosaki predicts crash of 90% and American financial system collapse ✓ The US Government is inviting inflation with its MMT tinged policies, brisk debt/GDP ratio, M2 increases while retail sales, PMI stage V recovery. Trillions more stimulus and reopening to boost demand as employee and supply chain costs skyrocket ✓ Consumer price index reaching all time highs. ✓ Biggest speculative market of all time - Robinhood generation ✓ Real-estate is currently experiencing hyperinflation. Back to the Chart: I found a fractal pattern from the 2008 GFC which is quite similar to this crash. I wouldn't compare it to the Dot Com bubble as that was far more speculative. This crash is similar due to greed - the belief that the economy will never crash and just continue in the upwards direction despite increasing debt at levels never seen before. Enjoy this fractal and better yet, enjoy the rest of your day. Love, peace, Seb.
OANDA:SPX500USDShort
by SXTrading
9
Bitcoin (BTC/USD) Daily Chart Analysis For October 23, 2021Technical Analysis and Outlook: As to technical analysts, the next drive higher will meet the target of Key Res $65,990, and retest of completed Inner Coin Rally marked the same. The downside support is Mean Sup $57,400 and Key Sup $ 53,900. However, the present fractal model suggests that the next significant target of interest will be the Impending Outer Coin Rally marked at $81,330 - Flagged by Trade Selecter many moons ago.
BITSTAMP:BTCUSD
by TradeSelecter
S&P 500 Daily Chart Analysis For October 23, 2021 Technical Analysis and Outlook The next drive is the target of the Inner Index Rally $4,650. The possible retest of Mean Sup $4,485 is mid of conformation: Aggressive buying is preferred at this level unless otherwise specified. The present fractal model suggests that the next significant target of interest will be the Inner Index Rally marked at $4,650, along with the future Next #1 Outer Index Rally $4,775, and Next #2 Outer Index Rally $4,925.
SP:SPX
by TradeSelecter
Bitcoin Will Drop... Alot. But it Will Rise Above the Ashes.Markets are going to keep going down in fear of Chinese real estate powerhouse Evergrande defaulting; Bitcoin will drop alongside it in the short term. My chart shows we may still rebound after we hit the 38k area. With that being said, if the Chinese housing bubble crashes, which represents 28% of China's entire economy, we will enter a global correction. Combine that with current inflation rates (6% on the year), and if this spending bill passes congress, we will enter a long term bearish outlook; which will shred BTC down to the 20K's in the short term as people liquidate assets in fear of them dropping further. That will be the ultimate buy opportunity, as BTC will serve as an inflation hedge long term, and only augments Bitcoin's use case - despite China working overtime to thwart the coin at every new opportunity it seems. The only chance Evergrande has, is if the Chinese government bails it out. But that will only alleviate things for a short time, a band aid. If that happens, and the markets rebound, im looking to liquidate my stock portfolio and hold cash. The whole world is looking at China right now...
COINBASE:BTCUSD
by Tokademics
Bitcoin (BTC/USD) Weekly Daily Chart Analysis For Sep 13 2021Technical Analysis and Outlook Bitcoin has been moving upwards since Sept 14 by breaking out from a Mean Sup $44,530 accumulation channel and accelerated. At that moment, the Bitcoin price is trading around weak resistance marked at $48,150 and is due to accelerate to our Mean Res $52,600 and Inner Coin Rally $54,550 . However, BTC’s recovery at this level will face stiff resistance, indicating that bears will be very active at this higher tier prices. On the upside, analysts remain bullish, as indicated on the August 9 chart and some other different fast-time charts that underline the bullish potential for Bitcoin. See the 'Weekly Market Review & Analysis For September 13, 2021" page at the usual site for the rest of the market story.
COINBASE:BTCUSD
by TradingSig
S&P 500 Weekly Daily Chart Analysis For September 13, 2021 Technical Analysis and Outlook The Spooz is currently in a downtrend. Forecasting a drop to Mean Sup $4,385 : a strong buy providing ample opportunity for loading-a-boat for resurgence to retest Mean Res $4,4 80 and follow through to Key Res $4,537. The subsequent significant outcome is Outer Index Rally marked at $4,626 to follow. See the 'Weekly Market Review & Analysis For September 13, 2021" page at the usual site for the rest of the market story.
TVC:SPX
by TradingSig
FITCH NEWS - TRADABLE MAINLAND REAL ESTATE INDEX - HKG - DAILYCool down on big news as we can see, by zooming out, that the increasing price have found strong resistance and started a durable wide range. The range is clear in this chart, the top is illustrated by the blue line and the bottom by the black line. The bleu line is a resistance tested multiple times , repeat failed attempts leading to a price fall and possibly weakening the uptrend chances believes. The red arrow shows probably where the biggest failure has happened. Mega high volumes and a nice wig. The black line represents a probably super strong support. Beware of fake breaks, it has happened in the past. The little dotted line shows possibly how the price is evolving trying to get out of the range. Fitch news has created an interest about what impact this could have globally. For the moment zooming out we can see that it is just lot of noise for not much as this level have been reached several times before and was expected. Now it is probably more convenient to observe this black line level and see what happen. High volumes involved would show a clear direction. Daily, Weekly, monthly : yes, but not to be observed in hourly. ______________________________________________________ Thanks for the like and shares, really appreciated! This idea is not a financial advice but just a sentiment.
SSE:H11143
by Diallo_Charts_Ideas
S&P 500 Weekly Daily Chart Analysis For August 30, 2021 Technical Analysis and Outlook Our Inner Index Rally of $4,545 was hit on Thursday. The Spooz is currently in a tight trading range, and we are awaiting intermediate confirmation of the trend. However, a drop to Mean Sup $4,469 is a strong buy and provides ample opportunity to load the boat for resurgence to retest undeveloped key resistance and completed Inner Index Rally. The subsequent significant outcome is Outer Index Rally marked at $4,626 to follow. See the 'Weekly Market Review & Analysis For August 30, 2021" page at the usual site for the rest of the market story.
TVC:SPX
by TradingSig