Deutsche Bank: Daily Chart. Current Price = $10.38 dMAmapping ⇘⇘⇘⇘⇘⇘ continues to be Strong Bearish and maintains a Strong Sell Alert. Off-balance sheet Derivatives are nothing more than Festering Excrement..!!

#DeutscheBank: Daily Chart

Deutsche Bank: Technical Analysis

Current Price = $10.38 #dMAmapping ⇘⇘⇘⇘⇘⇘ continues to be Strong Bearish and maintaining a Strong Sell Alert.

Barchart - Strong Sell

Credit: Barchart.com

As #DeutscheBank continues to drop and is showing absolutely no signs of support, Technical Charts around the World continue to flash red and Barchart.com is no exception.

Anyone unfamiliar with Barchart.com I have taken a snapshot of the screen and the respective link to their analysis for #DeutscheBank. Credit to Barchart.com for this.

#DeutscheBank off-balance sheet Derivatives

It should come as no great surprise to those that read my Blog regularly and follow me on twitter that I have been raising concerns about #DeutscheBank for a few years now.

With the jaw dropping extent of their Financial Derivatives that are sat off-balance sheet on the #DeutscheBank books, this concern only strengthens with every passing day.

For the last +4 years I have repeated these concerns that these off-balance sheet Derivatives are a ticking time-bomb and sit as the most singular Systemic Risk to the whole Global Financial System and when they fail, and they will, it will be a catastrophic failure of the Global Financial and Banking System on an Epic Scale..!!

Festering Excrement

Anyone unfamiliar with what these Financial Derivatives are like, the best way to simply describe them is that it is like playing a game of pass the parcel with a stack of boxes filled with festering excrement..!!

In fact, this is probably like describing them through rose tinted glasses as the stark reality is worse, much, much, much worse than this..!!

Make absolutely no mistake these Derivatives will fail..!!

Only today, I once again raised my concerns on twitter and put out a few tweets on the subject.

For those that may have missed then, here are those tweets....

With hundreds of trillions of dollars relying on a pile of totally WORTHLESS garbage and festering pile of Horse Dung Paper Derivative Contracts, when these fail and absolutely NO MISTAKE they will, the collapse will be spectacular..!! #Crisis #Crash #Derivatives

https://twitter.com/StephenPKendal/status/1011963073085825025

....ask any Mathematician worth their weight. It's a mathematical certainty..!! #Derivatives #Financial #Crash #Crisis #EPIC

https://twitter.com/StephenPKendal/status/1011963643511083008

Despite all the garbage and vomiting diarrhoea that continues to be spurted out by the Mainstream Media regarding the state of the Economy, we are in a #RECESSION if you extract all the Debt, Derivatives and Stimulus stacking up like a festering pile of horse manure..!! #CRISIS

https://twitter.com/StephenPKendal/status/1011910522009276417

It's a mathematical certainty..!!

As I have been saying for well over +4 years now, ask any Mathematician worth their weight, it is a mathematical certainty, these Derivatives WILL FAIL..!!

Thanks again for reading.

Stephen