COVID19:DEATHS_GB   COVID-19 DEATHS UNITED KINGDOM
This is the latest picture for COVID-19 deaths in USA v UK. The virus has pricked the DJI'S bubble!

I don't see any plateaus or defined peaks. A peak is defined relative to a trough. No trough, or retracement means no defined peak. There is a whole lotta spin out there in lamestream media telling us that COVID has peaked. I can't see it.

The virus's pinprick caused a POP. From April 2020, it took off with a BANG! The FED believes it can fight a virus with free or easy cash. They don't seem to be winning (at this time only).

Disclaimers: This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.



Comment: See also....

Tip of the day: if you're shorting anything do it at the peak of something to minimise risk of being scalloped. [Different perspective on the virus https://youtu.be/NjTdvALChwk ]

Comments

“We want to prevent a second wave” but govt allowing people to return to work and easing restrictions. What a joke.
+2 Reply
Captain_Walker Heidenhain
@Heidenhain, Indeed. It's a very bad joke that is likely to cause loads more to die or suffer consequence of COVID infection.

I think that all the talk about re-opening, partial re-opening or phased re-opening - is driven by panic that the whole global and country-specific financial systems are at risk of total collapse.

The reckless exuberance of the previous 11 years - and failure to learn history's lessons, has left he world unprepared for this black swan event. There is now a horrible double-bind (a conundrum) where doing nothing, becomes equivalent to doing something. Doomsday either way.

So some argue that doing something is better than doing nothing, therefore re-open. The word open and re-open in themselves lead to binary choices. They need another way but that's not likely to come from a true creative process when panic-stricken.
Reply
Slippery09 Captain_Walker
@Captain_Walker,
"ok everybody should go back to work and school"
"why, is Covid gone?"
no
"But the threat has gone?"
no
"so what changed?"
Move along now...back to work...

*ps, I'm sure I could mark this up as Wyckoffian accumulation! ;-)
Reply
Captain_Walker ElonMusksTradingBot
Reply
ElonMusksTradingBot Captain_Walker
@Captain_Walker knowing my luck, the infected would ressurect as zombies :(
Reply
Captain_Walker ElonMusksTradingBot
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out