Everything is on the chart. We will go to the white fib line in the pitchfork (1 FIB) at the very least. WHY?
Fed is injecting a record ~430B$ into this "NOT QE" repo market in January. I expect the first two weeks (at LEAST, maybe all of JAN) of January to rocket up as a final push and then a breakdown. Unless the Fed continues to inject more and more cash into the markets beyond january, this could be the end.
Devils advocate:
T has an election coming up in 2020 and the only solid thing he has to run on in my opinion is the market performance. So there is a good chance this REPO crap will continue all the way THROUGH november+ until there are some serious riots in the streets. He wont let a market tank on him before elections unless he is forced in a corner by others... Just my opinion.
Please thumbs up and comment what you think! Happy NEW YEARS!
Fed is injecting a record ~430B$ into this "NOT QE" repo market in January. I expect the first two weeks (at LEAST, maybe all of JAN) of January to rocket up as a final push and then a breakdown. Unless the Fed continues to inject more and more cash into the markets beyond january, this could be the end.
Devils advocate:
T has an election coming up in 2020 and the only solid thing he has to run on in my opinion is the market performance. So there is a good chance this REPO crap will continue all the way THROUGH november+ until there are some serious riots in the streets. He wont let a market tank on him before elections unless he is forced in a corner by others... Just my opinion.
Please thumbs up and comment what you think! Happy NEW YEARS!
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.