I guess that's the logic, but 1 question I have for everyone, when will it be considered a crash? 50% down, 60%, 70%, 80%??? I define what we're seeing is a crash, not a correction...why? because 10 year & USD says it is...
The most deceptive thing about this "down" move is they're doing it very organized...for now...
Today they closed on nice push & made the bulls happy with a nice tail on the chart...is it real? hell no, why? you know my answer...until we see 10y/USD dip EXTREMELY hard this IS a crash..imo
I've been a broken record & hated by some for repeating it, but I'll keep repeating it...the system is broke, there isn't a bail out coming, this is the final end game for the powers that be...All just my opinion, but they told us, they've warned us...we just don't believe it and everyone is in denial...they did a masterful job of running market up for years & years, to the point that everyone believes they will bounce this market...for now WRONG! imo
3500 SP500 is/was my target for re-entry, but if we hit that level next week & 10y/USD haven't started dipping hard, I will not be buying this market...I will look for much lower prices until I see sub 3.00 on 10 year & sub 108 on dollar...until then 100% bear!
Ask yourself another question...have I really been wrong so far? called 1st top a week early, last top to the day...and continue yelling we're going lower...have I really been wrong? Trolls quote me from years ago, they were right, I was wrong those times, but since those times I've learned a valuable lesson that I tried to teach this room...10Y/USD is THE key to it all...the rest is noise & fake...watch the real numbers ;)
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