world markets fate dependent on how much financial destruction ..Chinese will allow to happen. Are the Chinese lighting a fuse to a much larger derivatives bomb?..
NQ range trade, if it breaks the support get short...This is the most televised destruction, most everyone is getting short since the charts are 'implying' to get short.
In summation in looking at all the macro markets, it looks like we are at outliers, and at outliers either range expansion occurs or we mean revert. The Barron's article about 20 dollar oil might be the catalyst that sparks the breakout to the downside. Oil is the easiest leg to hit, if the sharks/hedge funds betting against the renminbi/yuan need a break down, pick the easiest market to hit. The Chinese need to realize what is happening and intervene in some of these macro markets if they truly don't want to spend more repairing the destruction it will cause. So its the easiest thing to do. Its a master game that is played. Those who control the banks control the media. They can change sentiment as they see fit. Beyond wealth what is more destructive is actual blood n guts war. It doesn't matter how much gold or paper you have. Its who can kill you. The Russian/Chinese cooperative to undermine western interests is why this is taking place. The drop in oil was instigated by Saudi Arabia, to kill the Russian economy. Mainly because of the shiite threat from Iran.