TICK - NYSE 1 HourA complete disaster all day for the US ECONOMY
aka the Equity Complex.
There are far too many depressing comments in
Traders Forums everywhere one looks - claims
of suicide, anxiety, severe depression...
Sad, very sad when people lose hope and it's
hinged to a bunch of Criminal Enterprises.
Unsure when the lesson is learned but apparently
the apathetic cheerleading has turned to Pom Poms
being lit on fire and hatred spewed without any
remorse.
It is, on balance, misdirected as the FED and its handlers
are entirely responsible for creating another Chase with
easy Credit and Ballooning the Supply of Idiocy.
F_cking amazing how the Party... it never ends until
it's too late for Pickle Juice to soothe the Hangovers.
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Swings attempted not to spook, that didn't work
as the Front Run of the ES and NQ's Price Objectives
for the 2/5 RT Fell very short today.
NQ didn't quite make it back to 16170, the Sell
prior to falling 600+ cumulative points.
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A very Weak RT at best.
We'll see where they close it, there is certainly ZERO
reason to attempt to Buy the Dip.
Far too much Risk as "Crashes" occur from Oversold Conditions
and we have those in spades.
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If 3/5 is indeed beginning, look for another 1200 Ticks to
be removed from NQ.
The FED's Policy error is in Full Effect.
Phones will be busy inside the Beltway this weekend.
The "safety" Bid remains Bonds as TLT finally broke it's
prior High to confirm, we are setting up a larger Sell there
as the next round of Prop $ beings to take shape behind the
scenes in DC.
What will they cook up this time...
We'll know the Bottom is in when the FED and DC begin to
phish for even more M@ expansion at an even greater rate
of change.
We're aways from there, by a long shot... patience there as
this Sell can run for a while longer, we estimated 2 to 3 weeks once
it began - it may take a breather, and go again, but it's clear the
overall Trend and momentum are completely Intact.
The Clouds supported this and we would need to see Price make
and attempt to return to the Trend CLouds which will be Charted
this weekend and updated so Trades know Where Price could return.
Commentaries will be updated tomorrow after 12 PM EST.
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There is far more pain ahead.
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Have a great weekend everyone, we're checking out for an early weekend.
