Cat’s Out The Golden Bag!
Stock Market Trouble & Doomsday Basket
First and foremost, none of the following is to be considered as financial advice. This information is coming from a market research and development firm that specializes in speculative assets. These are our view on the market’s current standing. We openly admit to currently having a bearish bias towards traditional markets.
Our previous stock market publication was in October of 2018, 2 months prior to equities plummeting to the 1000 Daily moving average on Christmas Eve.
Since then the market has recovered and even posted new all-time highs. Which very exceeded what we thought was possible, but Gold’s current technical state could be indicating that it could have been the bull trap.
Last Friday on 5/10/19 we observed a falling wedge on Gold, and sure enough on Monday’s opening bell, Gold broke out.
As of current, 5/16/19, Gold has formed a bull flag since the breakout, with several targets overhead.
