stock market crash

[scooterscot]

While the US & UK stock markets prepare to go the sh!ter there's one stock market that is about to go the opposite direction over the next 3-5 years.

This is a monthly chart of the Shanghai Composite. Massive ascending symmetrical triangle - very bullish. Will be getting exposure myself, no rush - only when my cash balance needs rebalancing as a result of gains elsewhere.

[TheGreenBastard]

[Andy2]

While the US & UK stock markets prepare to go the sh!ter there's one stock market that is about to go the opposite direction over the next 3-5 years.

This is a monthly chart of the Shanghai Composite. Massive ascending symmetrical triangle - very bullish. Will be getting exposure myself, no rush - only when my cash balance needs rebalancing as a result of gains elsewhere.

i agree with scooty

i feel dirty

[jamesbrown]

How did I miss this?

Anyhoe - as we all suspected, FTSE 100 dead cat bounce, massive rejection off previous support since April 2017. A year long downward spiral from here on.

Except for that ~10% boom in May and June, right? You mean a downward spiral is coming... now... wait, now....now...it's definitely coming...now.



#poopercretin

[jamesbrown]

The market correction is nothing, nothing, to do with Covid-19. It was the pin that burst an already inflated bubble. Sure, every media outlet is selling that story. However the truth is we've been in a bubble for 15+ years.

Bears repeating...

[jamesbrown]

Whatever is happening mid-late June it ani't going to be pretty.

#poopercretin

[Whorty]

#poopercretin

Did you not read ... he's changed it to July/August now. When we get to August he'll change it to September ... then October etc etc.

The chap is a fool.

[AtW]

He did not mention the year, did he?

[DimPrawn]

He did not mention the year, did he?

He's seen the crash in 18 months time!



In the meantime, it's up and up and we all get rich.

[scooterscot]

Gwd I'm being ripped a new one for now not calling the hour of the main event.

In June UK FTSE 100 crashed almost 10%. In days gone by that would be headline news. The main event is coming soon, don't you worry.