Possible 50 year Elliot wave end. Keep it smart and simple.
Massive overblown momentum. Watch RSI ans FIBOs for next movements.
Basic fibo targets shown in the graph. Next focus is on 25.400 retrace soon. More massive overheating is possible via FED stimulus, but not preferred. Mentioned here the basic RSI signal. Basic Economy: Massive jobless since Corona outbreak 2019 -> even good recovery news can't fix that problem. Massive upcoming company insolvent time is up to the next...
Huge gain with no brain, no-one can stop this... :D
RSI red alarm Levels at 12.300, take care.
Why? Correction worked good. Don't overpanik!
Best sell week ever since the biggest financial crisis. And under the biggest state defizit in the US!
Was it Tesla? -No Was it Greta T? -No Was is Putin? -No It was fear :D Fear of an virus that kills way less then the flu. Don't forget, to buy when its cheap :D
Why to buy now? - We faced a huge correction this month - We face massive QE and REPO (since 2008) - We have only a economy stop, not a crash - China goes back to work - We face first Corona Drug tests. Remember, we face only a corona panic! This isnt as worse a the flu!
We can see here a cute Ponzi-Investment-Sheme.
Strange market conditions. First side: Biggest weekly sell off + Fear Second side: Biggest rescue operations via FED, IMF, World Bank and rate cut. Conclusion: Put gasoline into fire, but fire could catch up to your house :D Any ideas?
We face an ongoing Rally betweene US stock market and Goldprise. Which will win and gain the most? Last rally was 2008 :D
1) Corona 2) US Defizit 3) Recession 4) Donald Four apocalyptic riders are here. :D
This is devils work. Take care guys.
1) Technical recession 2008 went into 2019 2) Mas manipulation on monetary system by FED to keep dead economy cycle up 3) Corona world supply chain breakdown What follows: 1) US and World economy is worse, liftet up by money injection makeup 2) Recession cycle will come, that's basic economic course level. 3) AAPLE, TSLA and Co will only change this world by...