Best I post this here.... Way too negative and biased in my thoughts here.. (or realistic if you wish to believe it is possible)...
Funny how Crude dropped instead of running to $100 (as yet). It needs to stay above $83 for this bounce to happen otherwise down to just under $75 levels again. Iron ore up but miners all down.. Does that highlight a concern? Probably nothing to worry about
Agricultural commodities starting to weaken. First sign of drops across the board at the same time.. Maybe the buyers have left the market. The biggest buyer was for Soybeans for feed of that counties pigs..
Yields have fallen to below prior resistance levels. Manipulation .. maybe
Invest in Bitcoin (and cryptos in general). They are a store of value (suckers)..
Dow likely to break 34000 tonight (maybe during the day - setup for the 1000 point drop).
Will S&P break below 4300? If so then collapse... but we SHOULD have a bounce.
As pointed out, H&S patterns are all over the shop.. We could have already had the RShoulder.
Nasdaq could go down another 250 points before the markets open. That would be the final nail. But again, it SHOULD bounce.. unless it doesn't...
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