What is Wall Street more interested in saving? US Stock Market or Dollar?
What is Wall Street more interesting in saving? US Stock Market or the Dollar?
After creating a major resistance at 1600, 1700,1800 and now 1900 will be the next level of resistance? from what I can see so far, (the day is not end but..), S&P500 are aiming for 1940.00. So I guess…WallStreet are more interesting to save the Stocks Market that they Dollar…who are looking to make new lows. This is what happen when you try to make many lies….at the end , whatever way you chose to take, you will be cough in your own lies!
And there you go, let’s re-test last time this “red-resistance”? ….there’s still few price that can save US Dollars for little bit, but…is just matter of time, unless if Stocks Market start to fall, and people will go back to US dollar holding. They only problem, is when Stocks Markets was correcting, and retesting Strong Bullish support, they US Dollars did not really move by that much, and always stay above 82-81 price. Is maybe why they prefer to keep put steroids in Stocks Market, since no-one are really trusting Us dollar(from what it did shows).
There’s still few prices resistance that can save US dollar, but it will be hard, since the sellers on Dollar are creating very strong move down vs buyers who have so much trouble to move the price up.
And for the latest news of unemployment rates that fall to 6.3% , with low wages…it remind me the Crash Stocks Market in years of 1928, when people was ready to get any jobs for 50% to 80% the normal salary wage. This is sad, in way that people will need to work twice more, for same price, and for twice longer. And if you look this in much more bigger way….if parents can’t even educate they kids by working both 40hours a day, how they will educate them by working 60 or 80hours a day? And the worst part, I found on my facebook pages, that shows an article : https://www.theguardian.com/money/2013/aug/21/bank-intern-death-working-hours , where a man dies from working, and that employes had to singe a form, where they agree to working above the legal hours establish. There’s much more can be said , but this is an about of what are happening now….



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