All Eyes On Red
Updated
Our idea last week called for an imminent top, despite all the bullish mantra that typically abounds, talk of breakouts, new highs, bulls in control....poof!
This is how bear markets work, sucking in the hope that the worst is over and then it strangely turns down.
Our idea on the 4th of June called specifically for a small throw over move later into June above the trend line.
We have high confidence that the top is in, so now what?
Small short positions can be increased, the slow rollover in prices will accelerate into a full blown plunge in wave 3 down at multiple degree. Any firm close below 33,000 and it's game over for any ideas of a last manic rally.
This cat and mouse game is all theatre, markets do not operate naturally anymore but technical analysis is still valid coupled with social mood.
They plan to bankrupt us all, all planned out..I am not going to lie to you..the truth is never easy to swallow. What's coming will be worse than the 1930's, if you wish lies and misinformation just follow the BBC for example.
Everywhere you look there is evidence showing just how fast the conspirators are making progress. And nowhere is it faster than in the destruction of the global economy.
For years we warned about inflation coming, the covid scam allowed these psychopaths to postpone the depression by a few years by money printing. All those freebies are being paid back and some more...we are all paying now.
Hardly a week goes by and another supermarket food item has jacked up again.
The Fed has paused and the market did the opposite of those who called a mega rally, this pause will reignite inflation...a market collapse will correct inflation.
Precious metals have been dragged down lately, a rumour that the BRICS nations might just back their currencies to gold is filtering around...late August disclosure?
Any market plunge is likely to see PM's under pressure short term, discount prices are even better.
Only a short time ago, world interest rates were virtually ZERO, how insane or deliberate?..you can see the manufactured nature of this beast...a deliberate takedown of the system.
Slowly but surely folks hemorrhage their hard earned money and are forced to start selling, as more sellers come to market, prices drop...a self propelling spiral.
Take advantage or hedge against this tyrannical breakdown of society before you are too late, a period is coming where you will not be able to buy for love nor money any gold or silver...the physical is going to evaporate in availability and storm higher in price when the sheeple finally wake up.
Appreciate a thumbs up...Good Trading & God Bless you all!
This is how bear markets work, sucking in the hope that the worst is over and then it strangely turns down.
Our idea on the 4th of June called specifically for a small throw over move later into June above the trend line.
We have high confidence that the top is in, so now what?
Small short positions can be increased, the slow rollover in prices will accelerate into a full blown plunge in wave 3 down at multiple degree. Any firm close below 33,000 and it's game over for any ideas of a last manic rally.
This cat and mouse game is all theatre, markets do not operate naturally anymore but technical analysis is still valid coupled with social mood.
They plan to bankrupt us all, all planned out..I am not going to lie to you..the truth is never easy to swallow. What's coming will be worse than the 1930's, if you wish lies and misinformation just follow the BBC for example.
Everywhere you look there is evidence showing just how fast the conspirators are making progress. And nowhere is it faster than in the destruction of the global economy.
For years we warned about inflation coming, the covid scam allowed these psychopaths to postpone the depression by a few years by money printing. All those freebies are being paid back and some more...we are all paying now.
Hardly a week goes by and another supermarket food item has jacked up again.
The Fed has paused and the market did the opposite of those who called a mega rally, this pause will reignite inflation...a market collapse will correct inflation.
Precious metals have been dragged down lately, a rumour that the BRICS nations might just back their currencies to gold is filtering around...late August disclosure?
Any market plunge is likely to see PM's under pressure short term, discount prices are even better.
Only a short time ago, world interest rates were virtually ZERO, how insane or deliberate?..you can see the manufactured nature of this beast...a deliberate takedown of the system.
Slowly but surely folks hemorrhage their hard earned money and are forced to start selling, as more sellers come to market, prices drop...a self propelling spiral.
Take advantage or hedge against this tyrannical breakdown of society before you are too late, a period is coming where you will not be able to buy for love nor money any gold or silver...the physical is going to evaporate in availability and storm higher in price when the sheeple finally wake up.
Appreciate a thumbs up...Good Trading & God Bless you all!
Note
Minor wave 2 looks complete, plunge coming?Note
Just a little more into the 4th of July.A counter move wave 2 almost complete.
Note
Minor wave 2 to finish today or tomorrow and then more serious selling coming.Note
Last throw of the dice here, topped out today?Note
Fed will raise rates this week.Note
Market is exhausted, follow through tomorrow and the rollover.
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