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Capital flows out of EU


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#1 LMF

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Posted 15 September 2018 - 02:47 PM

Reading the latest on the EU initiating a censure on Hungary (from zero hedge).....they really do want all of the smart money to flow out of the EU and into the US markets.  It's a great advertising job.  Anyone can see how negative the market charts look for the entire zone, even Germany.  I've been using Spain IBEX as a good barometer.  The eventual end of the capital flows migration might end up looking familiar......DJIA shaped just like the Nikkei did going into the 1989 top.  We just can't predict how long it will take or how high it will go.



#2 tsharp

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Posted 15 September 2018 - 04:29 PM

The SPX momentum indicator suggests higher and longer than J6P can hold short...

 

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