2020年10月30日 星期五

sp500 expanding triangle 20201030

if we end up resting on the lower trend line (yellow), it will be a "less worse" scenario for us... what have happened in March 2020 and even Dec. 2018 were not that bad indeed.

what if that trend line doesn't hold? it will be disastrous or a break-down in everything. We might see a phoenix rebirth.

From finance to international trading: changing from high leverage to low/no leverage; globalization of good & services to localization. 

From culture to daily behaviour: we used to work and/or study in certain places (office/factory/school) and meet up in public areas, which will change into work/study from home, video conference, e-learning, automation of production, not to mention revolutionary changes by A.I. and very fast broadband/transmission speed, mobile devices, VR & AR technologies, 3D printing, etc.




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