Europe’s Welfare State at Risk
European Central Bank President Christine Lagarde has warned that Europe’s bolstering welfare state is at risk due to its declining economic environment. Lagarde said the EU “will not be able [...]
The Dow – Beware the Ides of February
The next key resistance in the Dow stands at 20,324. Of course, the major channel resistance stands at the 20,703 level while support is to be found at 19,568. The Weekly Projected Bullish Reversals are 20,475.23, 20,518.80, 21,882.34, and 22,188.86. These are the What-If numbers so they may change if we make a new weekly low.
Timing, we still see the risk that this week may produce the February high. Caution is necessary. February and April are the key targets on the monthly level here in 2017. Nonetheless, this still does not appear to be a major high from a long-term perspective.
Latest Posts
Biden Gifts $4.7 Billion to Ukraine
Joe Biden and the entire neocon establishment are working overtime to spur World War III before Trump takes office in January. Biden announced that he would “forgive” $4.7 billion to [...]
Former CDC Director Claims COVID Originated in the USA
Former CDC director Robert Redfield, an outspoken critic of Antony Fauci, believes COVID-19 had sinister origins. We know the NIH was funding gain-of-function research under Fauci at a lab in [...]
Will Ukraine Split?
Ukrainian intelligence agencies released a serious claim that the Russian Ministry of Defense leaked the Kremlin’s final plan for Ukraine that involves separating the nation into three territories. Interfax Ukraine [...]
