StefanBode

#Rescue packages ahead or #Bankruptcy wave #Banks #Revolution

SWB:EXV1   ISHARES STOXX EUROPE 600 BANKS UCITS ETF (DE)
Chart technical target already processed.
In my opinion, wave targets should be searched lower.
1. either massive bank failure ahead with bail-ins or
2. massive rescue packages from the ECB.
I bet that ECB will buy bank shares massively and issues uncovered blank checks within the EURO system.

What comes to my mind?
I have to buy more gold and silver shares again.

Greeting from Hannover
Stefan Bode