If you recall the timing array, which you can find in a previous post.
We are done with the panic cycles. Thankfully! I thought they were a great opportunity, but really they were just a confusing headache. However, I might be getting the hang of them. They seem to be intraday turning points, not really panics.
the 10th is a continuation of today, which is decisively down. Then there is a bounce and a new high on the 11th, and the 12th is a down day.
From then on I think we will rally for a couple/three weeks.
It doesn't look like there will be a major crash, EVER!
The best explanation I can give is foreign money coming in due to general world crappyness, and a lack of retail investors to bail and create the real crash.
I'm not sure if the Saudi Arabia thing changes that. Due to their sueability, they might withdraw money.
China .... You don't want the Chinese government with access to your money. The best thing you can say about them, is they haven't been that bad lately.
And the Euro? You don't want Euros in any bank, and you don't want anything in a European bank.
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