We broke out of the rising wedge a couple of weeks ago. A head and shoulders is forming on the chart and we will have to wait if we get rejected by the rising wedge. Almost every indicator suggests that we are undervalued.
•The inflation of the USD is higher then in 2008 evergrande starts to miss their payments. (Record levels of inflation)
•evergrande starts to miss their payments. If evergrande defaults, the everything bubble could definitely burst. (They still have to pay 305 billion USD)
•canadian tv reminding people that bank deposits are ensured.
•billionaire investors have a lot of cash on their hands.
•palantir warns people of a black swan event.
•energy crisis in China.
•historic records amount of margin.
•Eliotte waves suggest that a big crash is going to happen.
•almost every real estate company in China has a gigantic dept.
•the October 25th looks really bad
We might go down 35-50% to big support levels (If not 75%).
this is going to be a big one.
•The inflation of the USD is higher then in 2008 evergrande starts to miss their payments. (Record levels of inflation)
•evergrande starts to miss their payments. If evergrande defaults, the everything bubble could definitely burst. (They still have to pay 305 billion USD)
•canadian tv reminding people that bank deposits are ensured.
•billionaire investors have a lot of cash on their hands.
•palantir warns people of a black swan event.
•energy crisis in China.
•historic records amount of margin.
•Eliotte waves suggest that a big crash is going to happen.
•almost every real estate company in China has a gigantic dept.
•the October 25th looks really bad
We might go down 35-50% to big support levels (If not 75%).
this is going to be a big one.