GET READY! The Perfect Storm is building quickly.

The financial collapse is imminent! GET READY! Deutsche Bank is coming apart, stock price collapse! Deutsche Bank is the KEY to this problem. All the major global banks are joined at the hip with DB!  The Perfect Storm is building..... minute by minute!

Bix Weir has a great video out today! Check it out! 

Deutsche Bank Plunges!

And another threat... soaring LIBOR rates!

Central banks are collapsing! 

Take a look at this Deutsche Bank chart..... BIG SELL OFF!  OVER 3 times the previous day's volume!  Knowledgeable investors are running for the hills!
But wait, there's more....
Dow Jones Index is struggling as well...
DJIA STILL BELOW THE 50 day moving average AND 8 EMA Trend line!  Today, the DJIA rapidly sold off into the close. That's weakness!

But, take another look at the Dow Jones (DJIA) below. Look carefully, and see that today the DJIA closed very slightly BELOW the 100 day moving average. But wait, look again at that 50 day moving average line, it has turned DOWN ever so slightly. It is aiming at the 100 moving average, and when they meet, that's the "death cross".  Right about there is where the "black box" trading goes wild!
By the way, if you want to SEE what a "DEATH CROSS" looks like, check out this chart below of General Motors (GM).  See what  happened about February 8-9? (Red line crossed below the green line.) More importantly, LOOK at what happened AFTER the "Death Cross".


The above GM chart is showing you what is about to happen to the over all market. And that's UGLY!

Meanwhile, the over all market capitalization of cryptocurrencies has crept up a little with bitcoin losing a little share of the cap. That diversity is good for the over all cyrptocurrency world. If this trend continues, the recent extreme volatility of cryptocurrencies will become more subdued by less vulnerability to bitcoin movements. This will also help lesser known cryptocurrencies to shine. However, the bottom line, expect the value of cryptocurrencies to rapidly gain value from this point on. 

Eli's Coming!  So, get ready!

Comments

  1. Why BTC goes down as DJIA falls? The two should go opposite direction but they move together same direction. Do we nees more time?

    ReplyDelete
    Replies
    1. Be patient, the cryptocurrency world DOES NOT exist from debt! The markets do, and Wall Street is still rigging to protect their interest. Rest assured, the cryptocurrencies will explode onto the scene without warning. We've only just begun, and bitcoin CAN move mush faster than most can imagine. Don't "judge" what SHOULD happen, be patient and watch what DOES happen. Never underestimate the deceptions of Wall Street. Those bankers KNOW what the cryptocurrencies are capable of doing, and they're scared.

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