November Midterms + Bear Market Rally
I believe we'll see a ferocious rally that will shock everyone and make everyone bullish again - but this will just be a bear market rally (this is my thinking unless we break below 800B)
There is still a very good chance we continue down towards 500B MC and sit there for the next 12-18 months but I am not leaning too heavily on the short side at the moment.
The democrats need something on their side, they don't have the market - everything comes down to whether they raise rates at the next meeting.
100bp points increase = market dump
75bp points increase = market dump
50bp points increase = market rally's hard
Even the most bearish people agree we're due for a rally - even if it is a bear market rally - if we do get this rally it'll be the last one until we go into a long bear market/depression (this will be your last chance to exit your trades in crypto/equities)
There is still a very good chance we continue down towards 500B MC and sit there for the next 12-18 months but I am not leaning too heavily on the short side at the moment.
The democrats need something on their side, they don't have the market - everything comes down to whether they raise rates at the next meeting.
100bp points increase = market dump
75bp points increase = market dump
50bp points increase = market rally's hard
Even the most bearish people agree we're due for a rally - even if it is a bear market rally - if we do get this rally it'll be the last one until we go into a long bear market/depression (this will be your last chance to exit your trades in crypto/equities)
Comment:
still in play - this bear market rally will be massive