Expecting for Stock Market falling

10 окт. 2018 г.

2018 sent a lot of shocks to the market: reviewing previous decisions, distributing sanctions from the US, the migration crisis in Europe, the Iranian issue, the US and Chinese trade wars, etc. Some emerging markets are already shaking, which is reflected in the weakening of their national currencies. However, the United States still protects itself from these shocks. I think that the November congressional elections are a deterrent in this case. But it’s not a long time to wait for the fall in the US stock market, which, in particular, is indicated by obvious bearish divergences on the weekly DJ chart. Therefore, it is logical to expect a global fall in the global stock market. As a result, gold prices are expected to rise, as evidenced by the bullish divergence on its chart. As for the price of Bitcoin, it is still difficult to say for sure how its price will react to the fall of the stock market. Many experts are confident that part of the funds will move to cryptocurrencies, in search of a safe haven. However, there are many skeptics in this who still do not consider cryptocurrencies to be that very safe haven, due to the lack of regulation of cryptocurrencies and their volatility. I don’t see any signs of Bitcoin growth yet. Depressive chaos is coming. Chaos is an environment in which you can both earn a huge fortune and lose everything. We will follow the further development of the situation.