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Misdirection

Boeing Will Misdirect the BlameThe game-plan since December has been to prop these markets up at all costs; the PPT joined with the 6 largest wall street banks, Trump called a "buy the dip", the FED turned dovish, and off to the races we went. For the DOW to continue higher, they need Boeing to be propped up. I envision a classic blame misdirection onto GE/Safran, the manufacturer of the LEAP-1B engines used on the 737 Max 8. Alternative, the pilots are blamed. Besides offering what appears to be a conspiracy theory, consider the reaction we have seen off the support at $370. Another support sits at $360, and yet another at $330. The 100-day VWMA sits at $363, just between the two long-term supports. CCI and RSI are at historically oversold levels. There are a ton of institutional buyers under this bad boy, and nothing short of the truth (God forbid) will stop it from going up. I am looking for BA to stabilize around $360 to go long - no need to jump the gun.
NYSE:BALong
by Derivati_Capital
1
Once ETF misdirection recognized, BTC goes up at warp speed.Somehow i think that the general players in the BTC market are letting the Government misdirect their attention, allowing their ETF approval/disapproval game to manipulate and control the market. They're somehow forgetting that Bitcoin hasn't had ETF before. It actually was created to have a currency that was free from manipulation, control and regulation by banking or governments. Once they remember this, or are reminded of that by the alt-coins, they will realize Bitcoin once reached 20K without ETF. And maybe it didn't do that despite not having ETF but maybe it did it because it had no such regulations conformity. At that point the actual important things like crypto-currency adoption, penetration and saturation will become the market's motivators. That has been steadily increasing despite the market's volatility, be it at a slower pace than before. Also there's a point coming at which the ICO-tsunami will end, putting an end to the ludicrous number of coins, crypto-based projects and block-chain to asset gluing attempts that we've been seeing over the past year. This will be the start of the alt-coin massacre during which many coins and other trade-able crypto stuff will plummet in value and eventually disappear. If the bitcoin is still there when that happens it will of course shoot up in price at warp speed. If not Bitcoin then whichever alt-coin has been able to show it can remain fast, anonymous, safe and still be cheap to use. So i am confident that when the "ETF Show" is over the bitcoin price will go back to following its own path. It will return to its rebellious roots, and its fundamental need, its purpose, to be the decentralized, safe, anonymous cheap and independent currency of the world. I predict that before the end of the year it will pass the 10k boundary and won't look back until the last coin has been mined. What happens then, no one knows.
BITFINEX:BTCUSD
by deuZige