Not much to say, still waiting for the crash to come - I think we will see a turn very soon and it will get fast...
There is a LOONG way down this time and my target SPX is still 942 , I'm full hedged with shorts so I am prepared...
VIX weekly chart about to breakout, daily chart about to breakout and markets about to breakdown. I will begin to take a position in the dollar , sentiment very low and looks like a possible bottom. Euro is overdone here.
TNX is the code for US treasuries' 10-year yield. When it is moving down, it signifies trouble ahead.
Lower rates tend to mean economic contraction & deflation.
TNX is very low and near the March lows, markets going to follow in next 1 month imo.
Have a nice day !
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