Short
When Will The Music Stop?
What a week, gyrating prices to fool the most...that is the bear.
Our midweek idea called for whipsawing action after the CPI number...a classic dump on the news was bid up by the plunge team and shorts stampeded to the exits.
When this market should have cratered, it reversed up 3%.
Then on Friday, almost all the gains were wiped out...a fake out move as we called for the bear to resume again.
Our position has been short for months, we wait patiently for the big one...it's coming very soon.
Some are trying to catch knives in buying this market, only then to see the position reverse on them and force them short again.
Just sell the rallies like the past few months and it works in a bear market, the volatility is accelerating just as it does before a large price move...swings of 2-3% or more prior to a crash.
Geopolitical events in Europe/Ukraine/Russia which are escalating, are setting up the real risk now of some form conflict in Europe, a designed war on the people of Europe.
This is going to bankrupt a lot of business and people, energy prices are beyond insane...pension funds in the UK are being bailed out again. Fuel shortages are spreading, civil unrest is around the corner...the tipping point will be the markets.
Trading is a probability game, there is a good chance that this week the Dow will fall below 28,647..if so, then I expect a waterfall decline.
Until the Fed pivots, rates are going higher like inflation...a true crash will deflate spending and the economy...only then will the music stop.
They seek a financial collapse, a reset of everything and a CBDC nightmare solution to those not prepared.
Precious metals have still not bottomed, what seemed a rally has fizzled. Either the Fed reverses course and fires up the presses again or some other external event can ignite gold and silver.
The markets capitulation move is yet to materialise, 13 years of bull market is difficult to break down...your patience is rewarded.
Appreciate a thumbs up...Good Trading & God Bless!
Our midweek idea called for whipsawing action after the CPI number...a classic dump on the news was bid up by the plunge team and shorts stampeded to the exits.
When this market should have cratered, it reversed up 3%.
Then on Friday, almost all the gains were wiped out...a fake out move as we called for the bear to resume again.
Our position has been short for months, we wait patiently for the big one...it's coming very soon.
Some are trying to catch knives in buying this market, only then to see the position reverse on them and force them short again.
Just sell the rallies like the past few months and it works in a bear market, the volatility is accelerating just as it does before a large price move...swings of 2-3% or more prior to a crash.
Geopolitical events in Europe/Ukraine/Russia which are escalating, are setting up the real risk now of some form conflict in Europe, a designed war on the people of Europe.
This is going to bankrupt a lot of business and people, energy prices are beyond insane...pension funds in the UK are being bailed out again. Fuel shortages are spreading, civil unrest is around the corner...the tipping point will be the markets.
Trading is a probability game, there is a good chance that this week the Dow will fall below 28,647..if so, then I expect a waterfall decline.
Until the Fed pivots, rates are going higher like inflation...a true crash will deflate spending and the economy...only then will the music stop.
They seek a financial collapse, a reset of everything and a CBDC nightmare solution to those not prepared.
Precious metals have still not bottomed, what seemed a rally has fizzled. Either the Fed reverses course and fires up the presses again or some other external event can ignite gold and silver.
The markets capitulation move is yet to materialise, 13 years of bull market is difficult to break down...your patience is rewarded.
Appreciate a thumbs up...Good Trading & God Bless!
Note
The Dow continues it's retracement counter move...an ABC.C wave can finish anytime now...this is almost complete.
Your prime sell the rally opportunity.
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.