Short
About To Sink!
Our thoughts last week were for a serious plunge, the Dow ended very weak but the decline remains orderly. Almost 22% down, this bear market is getting legs now...just waiting for that capitulation event.
It's baked in the cake that this week will see the towels being thrown, possible 3000 point drop.
October is the favourite month to crash markets, once the Fed has accomplished this feat, they will pivot. Trillions are being wiped from wealth, house prices are dropping, folks are struggling to pay bills...tapped out.
A multi century cycle top has completed, a great turn is in place...the process has begun.
Most are blind to this reset, "The New Normal" they call it, a modern day 1929 on steroids will hit. Most folks will not handle this coming mega change, conditioned from cradle to grave and pampered with services taken for granted.
An act of war was declared on Russia this week.
Nordstream 2 gas pipeline was deliberately sabotaged in Swedish waters by obvious perpetrators to inflict the end of that supply into Europe, who gains from this insanity?...just another step towards ideological subversion.
This conflict will ignite hot soon, it's almost as if it's desired to mask or distract attention away from other agendas.
26K is our next target...could be hit this week. We are very watchful for this down the elevator moment...perhaps over a couple of days. Our stance is to take profits during this heat...these capitulation days are swift, don't be caught on the wrong side.
Stay short, vigilant and be ready.
Appreciate a thumbs up...Good Trading and God Bless!
It's baked in the cake that this week will see the towels being thrown, possible 3000 point drop.
October is the favourite month to crash markets, once the Fed has accomplished this feat, they will pivot. Trillions are being wiped from wealth, house prices are dropping, folks are struggling to pay bills...tapped out.
A multi century cycle top has completed, a great turn is in place...the process has begun.
Most are blind to this reset, "The New Normal" they call it, a modern day 1929 on steroids will hit. Most folks will not handle this coming mega change, conditioned from cradle to grave and pampered with services taken for granted.
An act of war was declared on Russia this week.
Nordstream 2 gas pipeline was deliberately sabotaged in Swedish waters by obvious perpetrators to inflict the end of that supply into Europe, who gains from this insanity?...just another step towards ideological subversion.
This conflict will ignite hot soon, it's almost as if it's desired to mask or distract attention away from other agendas.
26K is our next target...could be hit this week. We are very watchful for this down the elevator moment...perhaps over a couple of days. Our stance is to take profits during this heat...these capitulation days are swift, don't be caught on the wrong side.
Stay short, vigilant and be ready.
Appreciate a thumbs up...Good Trading and God Bless!
Note
Huge short covering from a crowd expecting a Fed pivot or sorts.We remain short on this being a minor wave 2 bounce expiring and resuming the wave 3 down.
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.