Sometimes you need to take a step back and look at the bigger picture to see where we have been and where we are going. There are 5 trend lines in play, 1989, 2002, 2009, and 2019. Markets have already tested and shown the 2019 trend to be unsustainable, and is in the process of consolidating. Eventually it will collapse and head back to the 2002 / 2009...
As in prior posts 3800 was a key resistance area that we were observing to see if it acted as support, which it did not. Now 3800 will serve as resistance, which means we are in a free fall position to the 2009 Trend line. With stimulus checks being curtailed, there will be less money in-flowing into " STONKS !" which will further add to the free...
Well as suggested, the SPX is well on its way to test the 3800 Trend Line that I mentioned last week. It's real simple folks, there are only 3 Trend Lines that you need to pay attention to. First, the 2019 Trend Line to see if 3800 holds. Second, Trend Line for 2009 to see if the 2000 s range holds. And Finally, the 1989 Trend Line to see if the...
When looking at the charts on a Marco view, one can see a few things that spell the upcoming DOOM : 1. Pattern from Feb 2020 is almost tracking exactly to current day pattern, which could be a foreshadowing another drop period. 2. All of past recent uptrends (Marked ORANGE), the market could not touch any of them, which makes them invalid. 3. The only...
"Those who have knowledge, don't predict. Those who predict, don't have knowledge. " --Lao Tzu, 6th Century BC Chinese Poet So, If you could know the future would you want to? Gold is a fascinating metal, as it has been a benchmark, bell weather, and a store of value for 1000s of year. As civilizations come and go, Gold has typically been the underpinning...
"Those who have knowledge, don't predict. Those who predict, don't have knowledge. " --Lao Tzu, 6th Century BC Chinese Poet So, If you could know the future would you want to? Gold is a fascinating metal, as it has been a benchmark, bell weather, and a store of value for 1000s of year. As civilizations come and go, Gold has typically been the underpinning...
So over a 100 years of flat stable growth, quantifiable value of goods, and now we are living the quote "To the moon, Alice, to the moon!" Does this look normal to you? Does this look sustainable to you? What happens when people wake up to all these paper AIR GAINS? We are so F****D!! 1000 Inbound OR LOWER, once people wake up from this nightmare.
Please feel free to read an article on Suffrage that was published by James Madison, 4th President of United Stated. "the right of suffrage is certainly one of the fundamental articles of republican Government, and ought not to be left to be regulated by the Legislature. A gradual abridgment of this right has been the mode in which Aristocracies have been built...
So I have been doing a DEEP Dive Researching into the time period between 1929 through 1932, via reading countless real full length newspaper articles during this period to better understand the sentiment of people up to and after the crash event. Results will be surprising! So this is what I found, and will hold my thoughts to the end: 1. Time period up to Sept...
So I have been doing a DEEP Dive Researching into the time period between 1929 through 1932, via reading countless real full length newspaper articles during this period to better understand the sentiment of people up to and after the crash event. Results will be surprising! So this is what I found, and will hold my thoughts to the end: 1. Time period up to...
FUTURES are pointing to another DOWN day today, but of course you knew that already after reading my Sunday post. Expecting more Shenanigans leading up to elections on Tuesday. So expect this weekend to be a complete S*** SHOW. I'm am sure we will also see Dumpsters full of Mail-in Ballots on CNN displayed prominently which will just throw gasoline on the...
Well since TradingView thinks I'm a BOT so I will personally respond to user comments: Comment #1: Yea @markettimer777 was the earliest and most adamant on here about Mar ‘22 low call. Handful more have lined up around there too. This is the 4th call of SPX 500-1000 I’ve seen as well. 1550 looking more probable. Thanks for the insight! Response #1: ...
I have not updated this chart in awhile, so decided to give it a good dusting. Revised the downward trend line to match the March level of decent which takes us to a Q1 22 Rock Bottom. This seems to match some of the analysts here in terms of timing. Don't think Gold or Silver is going to save you. Silver will go to sub 9 and Gold at 700. People will be...
Looking at a week up to the 2016 elections there was 3% Dump up to the day after elections and then a hard Pump. Is this week going to be Similar? Possibly a sky is falling scenario leading up to elections, with rioting and voter fraud stories abound, and then afterwards people realize life goes on, and then a hard FOMO back into the markets. What do you think?
If you backed the dumped truck back then, you would have profited nicely!! Computer AI, Virtualization, Gaming, and Govt Digi Coin (Inbound) are only going to EXPLODE in the coming years. Next steps will be waves of mergers and consolidations across the industry. "This company is going to win in 3 BIG ways in the next 5 to 10 years that will crush Amazon,...
Thumbs up if you have 6+ figures waiting on the sidelines to mop up from this DUMPSTER FIRE when it explodes. People are going to get destroyed!
Another correct call from back in 2018. Did you back the truck up and loadded up then? "Silver!! the Metal for 21st and 22nd Century!! Silver has been traditionally under value for quite some time. People, there is only 50 years of mineable silver left on this planet. Given this limited supply amount it will only go up in time!! There will continue to be...
Drop to 1000 point target Inbound! Most People are going to lose everything. How about you?