THE COMING COLLAPSE OF THE ENTIRE GLOBAL FINANCIAL SYSTEM - S###It has become clear that global indices will collapse dragging entire stock markets with them could this be the end of days?
could this be a repeat of 2007 - 2008
commodities markets will collapse
Certain G7 FX markets will rise exponentially then later collapse
The coming great reset seems not so far away -
do I agree with this notion that could potentially send us back to the stone age hell no but here we are folks...
in all my years of trading I've never witnessed something that's coming swiftly which is this bad
never in history have we been in this political / financial / medical tyranny of a situation
consolidation of resources and power is undergoing a new order
the wealth gap is about to get wider than it has ever been in history
to know the future one must look to the past
to understand the world one must look within
good vs evil has always been the battle for souls
mark my words doom lay ahead.
NOW I'm not saying this will come fast but gradual.
I'd also like to state I play no part in this but I'm short
those responsible for this have been doing this for centuries.
I'm not just saying one nation all will be effected by this!
AMEX:FAZ
BMV:FAZ
TVC:SPX
AMEX:SPXU
AMEX:SH
SPCFD:SPX
MIL:SPX
OANDA:SPX500USD
AMEX:SPXL
AMEX:SPXS
AMEX:SPXU
AMEX:SPXB
FOREXCOM:SPXUSD
USI:PVSPX
USI:CVSPX
USI:OVSPX
OMXSTO:BEAR_SP500X5_ND1
AMEX:VOOG
CURRENCYCOM:UK100
CAPITALCOM:UK100
GLOBALPRIME:UK100
OANDA:UK100GBP
CURRENCYCOM:UK100
INDEX:FTSEMIB
XETR:DAX
NASDAQ:DAX
CURRENCYCOM:DE30
OMXCOP:BEAR_DAX_N
MYX:EURO
TVC:GOLD
TVC:SILVER
TVC:SX5E
INDEX:SX5E
CURRENCYCOM:US30
GLOBALPRIME:US2000
FOREXCOM:US2000
FX:US2000
OANDA:US2000USD
TVC:DJI
FOREXCOM:DJI
DJCFD:DJI
TSXV:DJI
TVC:NI225
FX:EURUSD
FX:GBPUSD
FX:USDJPY
OANDA:EURUSD
OANDA:GBPUSD
FX:GBPJPY
FX:AUDUSD
FX:USDCAD
FX:EURJPY
FX:USDTRY
OANDA:AUDUSD
FX:EURNZD
FX:USDCHF
FX:EURNZD
OANDA:USDCHF
OANDA:NZDUSD
FX_IDC:FJDHKD
FX_IDC:FKPBRX
FX_IDC:FJDBRX
FX:NZDCAD
FAZ trade ideas
FAZ FLOORWalks like a bottom, lets see if it talks like a bottom tomorrow - last trading of day in May.
If Wave E and A end up approximately equal Wave E hits the lower Fib. My guess is Wave E won't complete until sometime next week, but you never know.
And Woodies CCI getting frisky with a couple recent pops over 250. Look out above FAZ.
FAZ Long 25.15This is my long term swing trade
Daily not bad stoch up vol up, just short covering
Still more sellers than buyers
Weekly trying turn up some
I do believe banks will rally more , I just want a hedge
and I like it.
Support 23.43
Resistance is 27.55
It is a long term trade but does not mean I don't take some profits when their, along the way.
But I always stay in re- add when its is time
FAZ in the Summer Dog Days Till August?Not much to say here except, the Fed and the PPT have done a masterful job at what they do best..."extend and pretend". Cycles analysts indicate that a crash window is in August. EW analysts also see the overall picture remaining bearish. Reality seems to underscore that as well. This chart may fit the August crash projection.
Easiest Trade, fundamental calls for pull backWe have artificially propped up market condition with high prices and low volumes on any matrix. Financial sector is not untouched by it. Recent rally in financial sector feels more like a speculation than value investment. But we're all allowed to speculate so power to all market participants.
However the rally calls for pullback and there's a easiest trade case to be made about FAZ which is 3X leveraged Financial Bears ETF. with great upside returns due to a pullback on fundamental levels. Be aware leveraged ETF is not a product to hold for a long time so quick returns enthusiast should understand risk before buying. Good Luck !
FAZ Slammed Back Into Even Larger Symmetric TriangleThe Fed continues to fight against the forces of nature. Chairman Powell has been saying the system is under tremendous financial stress, while later saying there is "a lot more they can do". In reality, this is just more of the same manipulation, and the classic "extend and pretend" maneuverings that only buy a little more time. The problem of course is that the more they suppress natural forces, the more those same forces will compensate when they correct. They never learn their lesson. With that said, it appears there is a limited window of time until those forces have to explode/implode as the chart suggests.
FAZ - bounceI see no reason why anyone would short this unless they are the market maker looking for a better entry price to flip long. Everyone else, it will either go up from here on, or at the very least it will bounce back to this price from any dips. This is a relatively quick trade only, long term moves do not work on these leveraged Etfs. Tighten trailing stop more and more as it goes up to lock profits. Target I want to say $33 to $43 , but these 3x vehicles are not exact science
FAZ Projections Following Break Out 5/13/20Fed Chairman recant on Dovish hints seem to correspond with the anticipated break DOWN of the S&P and the break OUT of FAZ. While the move out of multiple symmetrical triangles does confirm the upward trend for FAZ, it would have been ideal to have a solid close in within the upward channel, and was just a few points below it. To be more certain we will need some follow through and a get the close in the upward channel. I have put an Elliot Wave projection utilizing resistance zones and gap zones as pivot points, but I am not seasoned on EW, so use that info sparingly.