At the moment I would be more worries about a market halt than where the bottom is. Make sure you don’t have money invested that you cannot afford to loose or get locked for an indefinite period of time.
-
-
^ ThisOriginally posted by GigiBronz View Post
Most likely stock markets will be suspended to protect the hyper wealthy.
When they resume, any gaps will wipe peoples pensions, ISA out.Comment
-
We'll have to wait until Sunday night... but if that Dragonfly candle I've marked out remains as such by midnight on Sunday, expect fireworks on Monday. Look at the weekly history of Bitcoin where those Dragonfly DOJI's have appeared - the returns are insane.
There's good reason to call the bottom as in, the RSI offering past resistance has now become support.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Why din't the stock market safety switch activate when they rallied up 500%+ in the last few years!!
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Because that made the rich richer, the safety is to allow the super wealthy time to sell into rallies on the way down.Originally posted by scooterscot View PostWhy din't the stock market safety switch activate when they rallied up 500%+ in the last few years!!Comment
-
You know there's probably truth in that."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
BTC up 11%
FTSE 100 -1%
What happened to the correlation?!!
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
As long as it remains between -1 and 1, then all is fine...Originally posted by scooterscot View PostBTC up 11%
FTSE 100 -1%
What happened to the correlation?!!Comment
-
Market closed today with yet another gravestone DOJI candle on resistance - Monday / Tuesday is going to be a bloodbath.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Stock markets closing after Monday?
Rumour mill doing the works suggesting US stock markets will close after Monday's trading day comes to an end until control of the outbreak is brought under control. Very very interesting times ahead.
If only there was a market you could trade that never closed down.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
Comment