Ok so guys so i called this drop since november and so far the team has made well over 6000 pips on this short... now this is what we see happening....
if this continues
1 volatility will go nuts
2 fed might start cutting rates aggressively again possibly to 0 rates in the future
3 this is only the start of a long term sell avalanche
4 if corona keeps happening companies that are in the dow which are reliant on china will have a massive impact with low sales, less revenue with a combination of oil prices & no agreement from russia this can get even worse
5 the fed or government should step in with more liquidity injection this can help price range rest of the year in the in the big blue rectangle.
6 this will be a whipsaw until end of year where we will see price side ways....
7 should we crack current price if we get more bad news this can melt to the over all target as posted in my previous short positon on dow...
guys trade safe, pile cash,
if this continues
1 volatility will go nuts
2 fed might start cutting rates aggressively again possibly to 0 rates in the future
3 this is only the start of a long term sell avalanche
4 if corona keeps happening companies that are in the dow which are reliant on china will have a massive impact with low sales, less revenue with a combination of oil prices & no agreement from russia this can get even worse
5 the fed or government should step in with more liquidity injection this can help price range rest of the year in the in the big blue rectangle.
6 this will be a whipsaw until end of year where we will see price side ways....
7 should we crack current price if we get more bad news this can melt to the over all target as posted in my previous short positon on dow...
guys trade safe, pile cash,