NOT TRADING ADVICE
I believe this to be THE pitchfork of the third industrial revolution
And it looks like we're ready to usher in the fourth
This is an Andrews Pitchfork off the major pivots from the bear moves on the index over the last half century
I have also added some fib targets to the above major target
G.R.I. Dec '21
CaTALySTs!!!!!!!!! i hear bulls cry...
PEAK DEBT
For one dollar of debt in the U.S we boost GDP by a quarter; hence why banks aren't lending and fuelling the mother of all asset bubbles
PEAK GROWTH
You can't grow your way out of peak debt you can only degrow out of it
Welcome To The New World
Problem: Debt subsuming growth
Reaction: Inflation and a climate emergency; global pandemic
Solution: Degrowth
I believe this to be THE pitchfork of the third industrial revolution
And it looks like we're ready to usher in the fourth
This is an Andrews Pitchfork off the major pivots from the bear moves on the index over the last half century
I have also added some fib targets to the above major target
G.R.I. Dec '21
CaTALySTs!!!!!!!!! i hear bulls cry...
PEAK DEBT
For one dollar of debt in the U.S we boost GDP by a quarter; hence why banks aren't lending and fuelling the mother of all asset bubbles
PEAK GROWTH
You can't grow your way out of peak debt you can only degrow out of it
Welcome To The New World
Problem: Debt subsuming growth
Reaction: Inflation and a climate emergency; global pandemic
Solution: Degrowth
Catatan
Fib targets Catatan
Catatan
I have added the fractal from the last bear which suggests a more gentle drop, but timing is always tricky of course
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.