Welcome to the crash!

2019年8月6日

Looking at the DJI priced in dirty fiat might give you the impression that we are close to all time highs. But if you look at the DOW priced in money that holds actual value then you soon realize that we are on the verge of breaking down from this giant head and shoulders pattern.

2019年8月13日

ノート

We broke below the zone, lets see if we can get a close there.

2019年12月3日

ノート

Very nice rejection of bear territory but thesis still valid until we break the trendline

2020年2月29日

ノート

Breakout! Looking for a nice round retest

2021年2月5日

ノート

The retest is under way but looks like there are too many buyers, unless there is a huge gold rally incoming then I don't see how this is going to produce any significant bounce or continuation downwards.