TRON (TRX) Short setup - WEEKLY CHARTNothing much to explain about it , it just broke a triangle on weekly time frame and retested it too . I think we can have a rally to the downside from here . I am already short .
Crashpattern
Brace for Impact !Nifty 50 crossing 15700 level by end of May, will indicate a possibility of further weakness in market and a possible crash. This will mean breach of 20 month SMA level. Last time it happened was in Feb 2000 just before Covid Lock Down.
BTC - head and shouldersBTC will come comeback to support. But that does not mean to wait for it. Markets cannot be predicted, they are just understood on historical performance. Start accumulation from the current price and keep adding it starts to retest the support zone.
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.
Is 2020 similar to 2008?Hey guys, I am a beginner in the Stock Market. I think 2020 is similar to the 2008 market crash. Now I want your reply to this thing. If you agree with me then LIKE this post otherwise COMMENT with your view.
