Eve of Destruction

Leading off this weekend is this collection of charts published Friday by Robert Prechter of Elliott Wave International. Special attention is drawn to the final two charts, Corporate Bonds and Stocks. These two financial sectors are shown as teetering on the eve of destruction. As shown on the NVDA chart that follows,  that could come as early as Wednesday. What are the chances? It's your money, you decide, but if Prechter's deflationary crash is even close to right it only takes a few choice option plays along the way to make a difference in your finances, and life, as the deflationary crash reeks havoc across the global economy. 

Chart of the Week - Earnings Out Wednesday

Minimum retracement due: Previous Wave 4 = $400

Bitcoin - Follow Up


Barry McGuire - Eve of Destruction