Not just a trade war, but a new cold war emerging and this is the real reason behind the recent tanking...............
Edited by redfoliage2, 28 March 2018 - 10:36 AM.
The market is on a big problem
Started by
redfoliage2
, Mar 28 2018 10:34 AM
23 replies to this topic
#2
q4wer
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Posted 28 March 2018 - 11:02 AM
Why the heck they started this war?
#3
redfoliage2
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Posted 28 March 2018 - 11:11 AM
Why the heck they started this war?
In one short answer it's for re-distribution of the wealth............
#4
redfoliage2
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Posted 28 March 2018 - 11:34 AM
They will need to hold up this market though or money will not come back to America. I see this place is likely the bottom..........
Edited by redfoliage2, 28 March 2018 - 11:37 AM.
#5
redfoliage2
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Posted 28 March 2018 - 12:01 PM
Today's close is critic and SPX must hold above 2600, or we have to see the Feb low again.
Right now the VST signal is in Bearish mode.
Edited by redfoliage2, 28 March 2018 - 12:05 PM.
#6
redfoliage2
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Posted 28 March 2018 - 12:15 PM
As long as VIX above 20 SPX 2600 is at constant risk...............
#7
libertas
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Posted 28 March 2018 - 12:22 PM
They will need to hold up this market though or money will not come back to America. I see this place is likely the bottom..........
A lot of money has already come back. That's why there is a USD liquidity panic going on in Europe. Check the LIBOR/OIS spread.
#8
Data
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Posted 28 March 2018 - 12:23 PM
The stock market has mostly replicated Bitcoin. It gave back all of December-January's gains that were induced by a large injection of funds from probable tax payments related to the new law. What was created on a 98 billion dollar infusion has been reversed so far on $580 billion in new debt issuance.
#9
tsharp
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Posted 28 March 2018 - 12:54 PM
Today's close is critic and SPX must hold above 2600, or we have to see the Feb low again.
Right now the VST signal is in Bearish mode.
Me thinks more downward to go...
Link: https://postimg.org/image/50dnznnt5/
#10
Data
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Posted 28 March 2018 - 01:05 PM
Megaphones often come at the end of trends. It would be the opposite interpretation. Pennants are contracting patterns and occur in the middle of a trend.
