Dead Cat bounce?

[peat]

Cash in the bank earning 2.5% on term deposit for 2020 will look like a really great return if the whole market tanks 30% and we get asset price deflation.

You mean with the govt earning 1%

There we go cherry picking again


I have decided to post my prediction for the SP500 in this thread
here it is with the yellow lines being the future as I see it most likely.

Attachment 11502

So that is for the Daily

here is the one for the shorter term. Note that in this case the dotted line were drawn earlier so it is already tracking kind of on target

Attachment 11503



It is good to put it out there and be judged haha

they are both the same pattern

of course

- a bearish gartley - over different time frames. If they both go to plan then towards the end it will be a mighty fall and should hit the old lows at least maybe a lot more, who knows.
And that last phrase is the most important thing I've said. lol