If this line doesn't hold. All your politics. All your companies, shops, banks, corporations. It's gg. Expect military on the streets and collapse of social order.
If you see this line breaking, bug out or bug in, but react or regret not reacting very fast kek. Cash out everything you have in banks, as they will just shut down and ATMs won't work. All the prepping you heard about, the SHTF scenarios, if that line breaks, that's your new life.
Will it break? Who knows. There is a significant non-zero chance it won't hold.
I mean at this point you might as well just "Fuck it" and buy the dip, because there are 2 most likely scenarios: - They print 99x infinite money yet again to try and prop up the market - Game over
They might try to hard-reset the global finance, basically try everything and a kitchen sink to stop this, but either way it's gonna be very interesting times.
At -40% drop everything will go bankrupt, a domino effect of shit getting fucked. I don't think you realize what this means.
Significant combined volume at previous support/resistance points. You can think about it as floor/ceiling. Once a floor collapses, you don't fall 1 cm or 2 cm, but fall until next floor that can support you. Next floor is at -16%.
Finance fags try to keep it complex and use a lot of jargon, but it's pretty simple to explain to get the basic jist of it.
Samuel Johnson
It literally is. Just because the media and schizos love to create global panic, doesnt change the fact that this will go away by summer
Oliver Morris
kike banks are doing this they are completely worthless they fuck everyone over when things are good and stab everyone when things go bad
this is not the people this is kike banking
burn it all you filthy scumbag fantasy banking rats
-6000000% and we'll built something better from the rubble
BURN FAKE KIKE BANKING BURN
Kike bioweapon Kike banking
FUCK THEM
Dylan Adams
>muh stock market Literally doesn't matter for real economy. Only matters for Drumpf propaganda.
Jacob Wood
magic lines. like the shot callers give a fuck about those
Anthony Jackson
This. Trump has no choice now but to go Andrew Jackson mode. We all need to let it be known we will support it.
>I don't think you realize what this means. WELL ? Tell us .
Tyler James
Even at 18,000 the marker was in a bubble. This is how insane the asset inflation was / is. And everyone knew it but had blinders on. We did this to ourselves. We deserve it.
Nolan Adams
This is another economic adjustment, the world isn’t going to end you dumb nigger. Hurry up and lose all your shit so I can buy it for cheap and make a killing when the market stabilizes once more
Zachary Nelson
I'm bricking it. I have nothing.
Why do they do this? WHY????
Xavier Sanders
>Be poor af >Start month negative balance >Market crash Can't lose things if you have nothing.
Yep. Stocks will never recover -- ever. The military will kill all stocktraders and then round up civilians and have public executions to prevent more panic.
This is truly the end and I am NOT exaggerating.
Oliver Foster
Trump 2020
Ian Thomas
>Don't think act and do it quick you gonna die otherwise When will faggots realize they are being manipulated for attention. I don't usually sage but schizo fuel deserves it. Take your meds and chill the fuck out.
Isaac Barnes
I have no preps whatsoever. If SHTF, I have some ammo and will go on a rape spree.
Julian Myers
Lol whatever fag.
Backed up the Truck this morning and loaded up, this dip will make me rich. Stay poor, poor fags.
>We did this to ourselves. >We deserve it. You mean the corporations ? The jews ? The banks ? Because we the people didnt do anything to deserve any of this shit . We've been lied to , cheated and killed by these fuckers and we cant even find out who exactly they are to stop them .
Easton Perez
>reddit alien.png AHHHHHHH THEY ARE HERE AHHHHHHHHHHHHHHHH
what we did is cheer on a huge tax cut when the bull market was nearing its peak. we allowed politicians to fuel the bubble, because we all want free money.
Lucas Wilson
>I don't think you realize what this means. the paper tiger fiat banking cartels go under? A great phoenix will rise from these ashes.
Dow Jones can suck a dick. OP pretends it means everything, when it means nothing.
Logan Cruz
>I don't think you realize what this means.
I don't think you do either since you can't offer a coherent response not filled with bullshit memes
Asher Allen
Oh no the fake and gay economy turns out to be fake and gay.
Josiah Watson
Right, companies going bankrupt, banks going bankrupt, global debt system collapsing has 0 impact on "real economy". Kek.
Of course they don't care about that. But companies that will go bankrupt do care.
>this dip will make me rich It is a possibility. As said, they will print 99x infinite money yet again to combat this.
Asher Richardson
>>This. Trump has no choice now but to go Andrew Jackson mode. Pffft. Do you really think he would do something that would rock the boat in a meaningful way?
The asshat doesn't even do mass-deportations despite how popular the idea is, and how it's already legal: law.cornell.edu/uscode/text/50/21
What you're talking about is solid in theory, and has history both in 08 and 29. When stocks drop hard a side effect is frozen credit markets, which is what really caused the collapse in 08 and 29.
But as of last night, the President announced that they will be pumping money into individual companies to get them by while this plays out. That will make all the difference in the world.
Their stocks may tank, but you won't have a cascade failure like you did in 08 and 29
Jonathan Rodriguez
>start printing money You do realize they've been printing globally 24/7 the past month or so? They either go full retard on the printer now, or hard reset, or it's gg.
Austin Fisher
Well good thing I'm military. Get ready to bow down, nerds.
Fuck it. Let it burn. We privatize profits, but socialize losses???? Why no circuit brakes for exaggerated exuberance... let that shit fail. All of it. Tyler durden of credit.
It's the elderly patient with multiple organ failure. Why not run another IV line in? He might get a few more days. It's unsightly cruel and everyone on the floor knows exactly what's coming but the family just won't let go.
Michael Robinson
yes but when will the house price bubble pop?
I need to scoop up a nice 4 bedroom from a blown out boomer for 1950s prices.
I agree with this. You sat on your fat asses for the last 150 years while anglos and jews fucked everyone over. You were armed to the teeth and did nothing but whinge and whine. You didn't offer any solutions, you didn't spend any more to invest in things that matter...like building up your infrastructure and fight back.
You cried. Like a fucking bitch while spending all of your time, money, and energy on chasing comfort. The far right has accomplished literally ZERO in 150 years and it's a huge fucking joke. White Christian American men have destroyed Europe TWICE, and worked day and NIGHT to do everything your jewish masters tell you to, just like your Judeo-Christian C.UCK religion says.
You did nothing, hence this is the future you chose. You and everyone else, including the fucking low IQ white American rabble are getting what you DESERVE. I hope this financial collapse combined with corana wipes out every last stupid fat American face.
Yea I know I just think his who is large enough be may act if he feels he will go down as a loser. I'm Disappointed so far as well.
Daniel Flores
I'm retarded, please explain for an economically retarded zoomer? >Inb4 lurk moar
Connor Hall
Why would it go away during summer? It's spreading in places with high temperatures, maybe not as fast, but still spreading.
Xavier Reyes
A primer for what he's trying to say. Talking about support/resistance is meaningless because it's not the prime mover. Here's what he's trying to say....
> Company X manufactures something to sell > They rely on daily/weekly credit to buy the materials they need to make their product > To get these loans, they have to have collateral > They use shares of their stock as colladeal > But suddenly the price of their shares are cut in 1/2 > They then have to come up with more collateral, since they've lost 1/2 > But they don't have cash, that's why they needed credit > And they can't free up more shares > So they go broke
> But other companies were using their stock as collateral too > So suddenly THEY get a call for more money > So they go broke too > And it starts a chain reaction.
> Pretty soon, no one will loan money to anyone > The credit market becomes "frozen" > And that makes everyone else go broke.
Frozen credit markets are what caused the great depression, and what almost killed us in 2008. As unpopular as the bailout was the last time, it was the only way to save the system.
But... Trump announced last night that he's ready to inject cash into individual companies to prevent that from happening this time.
It will increase our debt, possibly deflate our currency, but the country will be saved.
It's like the guy who got his arm stuck under the rock, and cut it off with a pocket knife to save his life. Sometimes you have to be willing to cut an arm off.
Colton Young
I TOLD YOU Q TOLD YOU LARP YOU SAID SING A SONG OF SIXPENCE POCKET FULL OF RYE FOUR AND TWENTY BLACKBIRDS BAKED IN A PIE >inb4source
