Death cross in the Dow coupled with a break in the last level of support.
Today the Dow completed it's death cross while simultaneously breaking its last support level for several thousand points. We are set up for a very very bad recession.
I think we will see a rally because it seems nobody can read the writing on the wall but, the jig is up. It's time to pay the piper and we owe more than most can bear. Let's just hope the right moves are made from here.
We have to let this get flushed out if they print more money to prop up the markets "quantitative easing " we are truly doomed and we will all have to run away from the dollar with the rest of the world. We have to take our medicine let levels come down, leave the interest rates alone or continue to slowly raise, and take the beating.
Interest free money and printing the dollar to oblivion are not the answers to this problem, they are the problem. We must change direction or our way of life and position of power in the world will be gone forever.
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