We are only 1 chart centimeter away from the Armageddon line
for worldwide financial ruin igniting. This is the logarithmic trendline on monthly TF connecting the TERROR = PANIC-isssimo of 1987 and 2008. The current BEAR market that got underway in 2020 in Dow Jones is almost at this corresponding Vix line but has stopped short of hitting it. I believe the Dow Jones will stage a last ditch effort rally of epic proportions to save hissself from total disaster
- such a rally would of course drop the Vix and take it south away from THIS DEADLY LINE
and give us a reprieve.
But for how long? A month? When the Dow finishes its upcoming rally for March 2020 or into April, this LINE will present itself again when/if Dow Jones collapses again.
The DEADLY LINE
has sooooo much latent power it will send BANKS into orbits of failure exponentially
20k in cash under the mattress in small denominations is highly recommended - nobody will be able to change 20s, 50s, 100s. Keep ones and coins and Gold and silver small denomination coins.
Take cover, hide and watch
Best of luck to all
View attachment 275704