TradingView
AbrishArhd
29 de Fev de 2020 02:05

Leading Indicator for Recession and Stock market crash Viés de baixa

DJI/XAUUSDDJ

Descrição

Since I used this chart to get out all of my friends and family out stocks as early as breakdown on the bear flag before the Stock market crash, I thought of publishing this chart to the people. Interestingly it also unmasks the great lie of rising stocks that was induced by Repo market operations and 500B+ QE to fool the herd into buying right at the top. This chart indicates a bounce in nominal prices of Dow Jones, to sucker in the herd to buy the dip, but I hope the people who are stuck can instead use to it exit and avoid the final crash target of 4000 at which point the ratio would drop to 1, with Gold roughly doubling to 4k.

Interesting facts:
Gold at current price of roughly $1600 is about a multiple of 100 of what it's price in 1929 was - $18
Dow Jones top of almost 30k is also roughly a multiple of 100 of 1929 top of ~350.

Comentário

Stocks bounced as predicted by me. Waiting for Dow to bounce back to around 27400 in coming days/weeks to start shorting the crap out of this market.

Comentário

As predicted the Stock market collapse resumes and has thoroughly trapped the herd who will see all their paper profits now evaporate in coming days.

Comentário

In coming days we will head to 12.8 on Dow Gold ratio (about 20% crash from here).

Comentário

Late Update: The Dow Gold ratio has finally hit 12.8, as predicted on March 3. In coming 4-6 months, we will flirt with this level, with stocks and Gold dropping simultaneously in the next few weeks (Dow headed to sub 18k). After which the greatest fool's rally will start in stock market until September this year.
Mais