https://www.zerohedg...ould-be-nearing
A Market Crash Nearing?
#1
Posted 16 February 2020 - 07:44 PM
#2
Posted 16 February 2020 - 10:31 PM
Well we had mercury retrograde on October 16, 1987, Friday at 12:38 PM
And we have mercury retrograde right now February 16, 2020, Sunday at 07:53 PM
So there is certainly the possible setup for such a crash. We have a CLASS C weekly BEARISH divergence between RSI and price. CLASS C Divergences usually lead to crashes.
And I guess the Fed is withdrawing repo support now? or am i wrong about that.
#3
Posted 16 February 2020 - 11:12 PM
And I guess the Fed is withdrawing repo support now? or am i wrong about that.
Not sure about the Fed repo withdrawal, but the Fed chief did express his concern on the assets prices at the recent congressional hearing..............
#4
Posted 16 February 2020 - 11:50 PM
And I guess the Fed is withdrawing repo support now? or am i wrong about that.
Not sure about the Fed repo withdrawal, but the Fed chief did express his concern on the assets prices at the recent congressional hearing..............
Why is that even a surprise? Asset bubbles are guaranteed result of crazy artificial low interest rates in an effort to permanently avoid recessions. I don't know of any bubble in history which lived permanently.
Edited by pdx5, 16 February 2020 - 11:50 PM.
#5
Posted 17 February 2020 - 09:55 AM
Edited by LMF, 17 February 2020 - 09:56 AM.