Christopher Carolan on Financial Markets & Lunar Cycles
The bears need to show up.
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I expect to learn a lot about the market's outlook this week.
chart to enlarge
Will the FED pump a la 2016? I doubt it. It's going to be very interesting to see how quickly the market loses momentum at the next tidal turn.
That toxic 'red tide' has returned. Equity weakness expected.
The tides continue to call the short-term tune. Liquidity dominates the long-term. It will take a surge, similar to January 2016, in the 'money printing pump' to prevent further asset price implosion.
Father Time - that's who!