Short
A Moral Compass
The Dow threatened to break down on Friday and bounce off our lower trend line to close modestly up.
This pattern squeeze will resolve itself very soon, inflation data just keeps piling on the pressure for the Fed to keep hiking.
They are trapped, raising rates too much will blow up the markets...but these puny rises are not enough to tame the rising costs.
Supply needs to increase in labour and goods for this monster to be brought under control, the Fed's answer is to gradually reduce demand enough through higher costs of living. Retail sales came in higher simply as a result of this price hike extortion and it's worldwide.
Last we we mentioned the conflict between Russia and Ukraine, this is serious enough without any other event.
Of note is another possible that could morph into the next plandemic.
The world health organisation has reported incidents of "Marburg" virus in Africa of late.
The Johns Hopkins Center for Health Security, in partnership with WHO and the Bill & Melinda Gates Foundation, conducted Catastrophic Contagion, a pandemic tabletop exercise at the Grand Challenges Annual Meeting in Brussels, Belgium, on October 23, 2022.
The extraordinary group of participants consisted of 10 current and former Health Ministers and senior public health officials from Senegal, Rwanda, Nigeria, Angola, Liberia, Singapore, India, Germany, as well as Bill Gates, co-chair of the Bill & Melinda Gates Foundation.
Of course this was a fictional exercise, the same type they conducted months prior to their Covid breakout. Also worth mention is that their is no "vaccine" for this virus but that again would be remedied under the emergency situation.
Any outbreak or planned pretence that another covid type world hit is taking place, would be the final nail for markets.
We only point out the possibility because whatever wave three downs at multiple degree are coming, it has to be some extreme situation. These controllers who dictate our future have no moral compass nor compassion...don't fall for their trickery again.
Precious metals are where your funds should be parked, don't worry about fluctuations in value...your hard earned cash only drops in value now.
Any proper close below the lower trend line this week is your next bear phase.
Appreciate a thumbs up, Good Trading & God Bless to you all!
This pattern squeeze will resolve itself very soon, inflation data just keeps piling on the pressure for the Fed to keep hiking.
They are trapped, raising rates too much will blow up the markets...but these puny rises are not enough to tame the rising costs.
Supply needs to increase in labour and goods for this monster to be brought under control, the Fed's answer is to gradually reduce demand enough through higher costs of living. Retail sales came in higher simply as a result of this price hike extortion and it's worldwide.
Last we we mentioned the conflict between Russia and Ukraine, this is serious enough without any other event.
Of note is another possible that could morph into the next plandemic.
The world health organisation has reported incidents of "Marburg" virus in Africa of late.
The Johns Hopkins Center for Health Security, in partnership with WHO and the Bill & Melinda Gates Foundation, conducted Catastrophic Contagion, a pandemic tabletop exercise at the Grand Challenges Annual Meeting in Brussels, Belgium, on October 23, 2022.
The extraordinary group of participants consisted of 10 current and former Health Ministers and senior public health officials from Senegal, Rwanda, Nigeria, Angola, Liberia, Singapore, India, Germany, as well as Bill Gates, co-chair of the Bill & Melinda Gates Foundation.
Of course this was a fictional exercise, the same type they conducted months prior to their Covid breakout. Also worth mention is that their is no "vaccine" for this virus but that again would be remedied under the emergency situation.
Any outbreak or planned pretence that another covid type world hit is taking place, would be the final nail for markets.
We only point out the possibility because whatever wave three downs at multiple degree are coming, it has to be some extreme situation. These controllers who dictate our future have no moral compass nor compassion...don't fall for their trickery again.
Precious metals are where your funds should be parked, don't worry about fluctuations in value...your hard earned cash only drops in value now.
Any proper close below the lower trend line this week is your next bear phase.
Appreciate a thumbs up, Good Trading & God Bless to you all!
Note
The break as expected today is the strong sell signal.Months of sideway dithering is snapping.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.