FAZ Slammed Back Into Even Larger Symmetric Triangle

19 Mei 2020

The Fed continues to fight against the forces of nature. Chairman Powell has been saying the system is under tremendous financial stress, while later saying there is "a lot more they can do". In reality, this is just more of the same manipulation, and the classic "extend and pretend" maneuverings that only buy a little more time. The problem of course is that the more they suppress natural forces, the more those same forces will compensate when they correct. They never learn their lesson. With that said, it appears there is a limited window of time until those forces have to explode/implode as the chart suggests.