The Evergrande Debt Crisis is a Black Swan Event Unfolding

This debt implosion to me was a black swan anways, I don’t know if there were warning signs prior but i sure wasn’t aware of them.

This is not a “dip”, a “correction” or otherwise. The Markets are reacting to a very real threat that could have massive implications.

TA is completely out the window right now, this could be a blip, a signal day scare or we could be about to fall off over a cliff.

A lot of smart money is reducing leverage and moving capital into cash or safer investments, you may want to consider doing the same.

Buying the dip could also yeild outstanding gains, just understand the situation we are in before making a decision.

Stay safe everyone.

Edit: OK OK i see people have been predicting a crash due to tethers potential involvement in evergrande for a while, making this not a black swan.