PRO_Indicators

HSI / 2008 vs 2018 : Feels like "Oops I did it again" !!!

TVC:HSI   Индекс Hang Seng
The comparison is easy, the debt level is even crazier than during the last credit bubble that bursted 10years ago.. Real economies just started to get over it but it seems like traders haven't learnt anything for the previous crisis !! As I always say... trading is about cycles and no matter how ofter I hear "This is different now..." or things like that... the thing is that cycles repeat through time.. credit bubbles or speculative bubbles have always burned the markets even though the economy was looking good and strong... Will we repeat the cycle again... I tend to say yes ! But it's too early.. Sure thing is that I'll have a close look at what could happen on the same fibonnacci extension than the one that triggered the previous krash ! Just in case ;)

Hope this idea will inspire some of you !
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Kindly,
Phil

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