My Best Guess to How 2020 COVID Bull Ends
Brutal - the best word in the English dictionary to describe a swing trader's experience over the past 5 months.
But, I think it may have finally ended at 5:15 p.m. with Crude starting the closing party.
Here are brief thoughts on how other asset classes may follow Crude's descent:
DJI: Following Oil down immediately
SPX: Following DJI down - is at its very upper limit and exhausted
NDX: Following SPX most likely.
RUSSELL: Who on this godforsaken planet knows?
GOLD/SILVER: Will not come down since they are the only assets that are objectively undervalued. Likely to lead all asset classes going forward. Mining stocks to lead equities as well.
CRYPTO: No idea, depends on how open-minded our older citizens are.
Please end it tonight Crude.
-PiggishProtestAgainstShennanigans
CRUDEOIL1!
DJI
SPX
NDX
RUT
TOTAL
GOLD
XAU
But, I think it may have finally ended at 5:15 p.m. with Crude starting the closing party.
Here are brief thoughts on how other asset classes may follow Crude's descent:
DJI: Following Oil down immediately
SPX: Following DJI down - is at its very upper limit and exhausted
NDX: Following SPX most likely.
RUSSELL: Who on this godforsaken planet knows?
GOLD/SILVER: Will not come down since they are the only assets that are objectively undervalued. Likely to lead all asset classes going forward. Mining stocks to lead equities as well.
CRYPTO: No idea, depends on how open-minded our older citizens are.
Please end it tonight Crude.
-PiggishProtestAgainstShennanigans
CRUDEOIL1!DJISPXNDXRUTTOTALGOLDXAU
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