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Crashpattern

3M India (3MINDIA) - Double Top Confirmed3M India (3MINDIA) weekly chart analysis reveals a confirmed double top pattern and a breakdown below the trendline and 200-week EMA. This suggests a potential move down to the key support zone around 16,000-18,000. I've highlighted the key levels to watch. A short trade opportunity may arise on a pullback. Let me know your thoughts in the comments! Also long term investors, could deploy their capital in trenches till the support zone or wait for the reversal to invest at once. Disclaimer: This analysis is for informational and educational purposes only. It is not financial advice. Trading involves risk, and you could lose money. Past performance is not indicative of future results. Always do your own research and consult with a qualified financial advisor before making any investment decisions.
NSE:3MINDIAShort
by PhD_Swingtrader
Fraud rates - a tell tale sign of an impending economic collapseYou guys probably already know this especially those who watched the movie The Big Short, that every time before a big market crash fraud rates always go up, this has been true since the days of great depression. It is a tell-tale sign of an impending crash. And all of a sudden I came across this article saying fraud rates are up 33% during covid lockdown. Sorry cant post link here. Today all the indicators are going bonkers , big money is selling gold/silver to cover for margin calls of falling stocks, house ownership is at pre-2008 levels , interest rates are super low, lax lending policies, tenants are not paying rent, K shaped recovery the list goes on. And with all the turbocharged money-printing there will be no more room for recovery. The economy is going to be decimated to the point of no return in the coming months and the process has just begun this week already.
TVC:SILVER
by superAutist