Which part of this don't you understand?

I've posted hundreds of charts over the last few months, detailing the initial signs of an apparent  'global problem'. We've seen the world indexes start to rollover as early as January. We've seen the metals - along with their associated miners, continue to fall. Today Oil broke $80, another key marker. The econ-data (especially PMI) has been lousy for months now. There is nothing good lately, is there?

As I've asked a few times recently....which part of the following don't you understand?


VEU, weekly, 4yr

Its pretty clear. Along with dozens of supporting charts, whether stocks, sector etfs, commodities, indexes (US, or other countries)...they all are warning of the same thing.

A secondary deflationary collapse wave, in the style of 2008. Now, the Bernanke might - and probably will try to stall this collapse, via a huge QE3 of 1 trillion, but I think he is soon going to realise, he is already to late to stop it anyway.


First stop...sp'1150/00.

What happens there will clarify the rest of the year. If we can hold over 1100, then the market will again rally - not least, if some new QE after August. Yet,,,if we do break the 2011 low of sp'1070s, and if VIX can break 50..then the VEU chart listed above will indeed have summarised everything perfectly.
--

Today I managed to annoy myself with a mere 'small profit'. I suppose it could be worse. I could be one of those cheer leading maniacs who will be buying all the way down to hell.

That's all for today.

Goodnight