Before the Bell Update Dec 6th

We are not able to look at America and Europe for direction; supposed free nation capitalist economies. No you see, these markets have been hi-jacked by banks and corrupt governments. Instead, if we want to see capitalism in action, we have to look to the communist.
Looking at the etf YANG, which tracks Asia from a bearish point of view, it appears some major economic headwinds are on the horizon. Funny, all we used to hear from the sell side used car salesman, otherwise known as Wall St, was how Asia was going to save our economy. Not hearing that so much anymore. Wonder why???
Clearly YANG has completed its 3 year downtrend and is now on the 4th minor pullback of a 5 wave up move to complete wave 1 of what will be 5 waves to new all time highs.
The collapse is coming my friends, Americans know it. That's why the best selling Black Friday item, was not LCD TVs, or Xbox; nope, it was guns and ammo.

Tim Kathlina