COVID-19 Wave 2 onset and ongoing... SG, MY, ID and CNAs posted weeks to months ago, it is becoming clearer than daylight that Wave 2 is upon us in 2021.
As described previously, the CONFIRMNED charts here have a peciliarity... that the MACD histograms hint of the trend months ahead in advance.
As observable, Singapore is currently maanging pretty well, but is heading towards a Wave 2 slowly and surely. The trend is telling us that for the past 16 weeks (4 months) already!!!
SG's neighbours Indonesia (lower left) and Malaysia (lower right) have been having trouble keeping the lid on it... with Indonesia experiencing Wave 1.2, and Malaysia in a massive Wave 2.
China, top right, had a similar build up to SG and is pretty much in a mild Wave 2 currently.
Clearly, showing the path of what to expect as Singapore is heading down the same road. 16 weeks of notice, and nothing solid is being done to stop the wave from reaching. At this rate, by about Chinese New Year, SG should be in Wave 2 proper.
In any case, pretty much the whole world is sinking into Wave 2 already...
Contrary to the main belief, the vaccine availability, intended to slow down the spread, may actually allow expectations to rise, and a false sense of security to set in... this is where the virus will be taking advantage, as it creates variants, and penetrates through populations
So there... INCOMING!
Virusspread
One last try??BTCUSD in a falling wedge channel pattern. Will it make one more attempt to burst up to $10K? or fall out of the channel and keep falling... a lot depends on stock markets also. Were on the verge of bad Q2 results, Virus issues arising again... what will happen next? we wait and see what happens, Limbo continues...
Welcome to "The New Normal with Corona" - US DeathsThe data series for US Corona (Covid19) deaths appears neat and smooth in Heikin Ashi candles.
Main stream analysis focuses on positive aspects "were in this together".
The chart presents a refreshingly negative (and incomplete) analysis and must be sung to "Hotel California"
Inspired by @Rag2riches ideas and lyrics
Virus spread/Bacteria poluation/Ponzi scheme lifecycleThis is the most important chart of the next 12 weeks.
It always follows a similar pattern.
Top can happen at any time, but with the temperature spike of this week (right as europe & usa quarantine started) + lockdown + sun, it could be close actually.
One thing is clear: Fear is profitable. Can also lead to huge losses. And at what point does it just become random gambling?
Noobs will chase every move, or not cut their losses, or have a losing strategy, get emotional, either way, will get rekt.
The top can look many ways, like a weak diagonal up, flat, flat on average, sharp V, etc.
Here is the example of a ponzi scheme currently in the stationary phase:
Goldman sachs is calling for a Q2 growth number of -10% or something like this heh :D
The worse could be over, actually I totally expect the stock indices to have bottomed (for now) and go higher. BTC too.
Traders of course secretly wish it gets way worse, and are angry at politicians trying to save lives - allthought their actions do more harm than good and will hurt the economy badly which is good for us.
I won't lie, like I many I have dreamt (literally) of a catastrophy like this a few times. It's not that bad which is a shame, but it is something.
We are not here to look like caring people, we are here to make money at other's expense. What a wonderful period we are going through ^^
Every one is so afraid, terrified, reverting back to full reptilian brain (as opposed as only 99% usually), their primal fears are emerging, they do not make rational decisions, they would sell an obvious bottom at all time low Price to Earnings, allowing non-reptilian brains ("polite" people call it non-emotional) to make big profits.
Also moves are super violent and one sided, barely any retrace. HUGE rewards to risks. Fear panic death and misery is very profitable. And looks like it could get worse and much more people could get sick, lose their job, et caetera. AWESOME!
For the next weeks the driver I guess will be this chart here...
Let's check back on this every few days.