backupthetruck9000

backupthetruck9000

Given the current environment this seems possible; Inflation, Fed response, Liquidity, Credit Events, Municipal and Federal Liabilities all contributing to a must have situation for the Dollar.

backupthetruck9000

Beautiful setup doesn’t get anymore straight forward than this set stops accordingly, overshot previous PT’s adjusting and still looking for re-entry but now in mid upper 10’s (pink box tip of pennant) still on trend. Commonly early expecting re-entry to be no different, FOMO indeed. I like this stock, Let the gains ride to ex divi.

backupthetruck9000

The SPX & VXX both bounced from the .5 Fibonacci extension and retractement on daily time frames. Monday will be interesting with the Ukraine situations + Emergency FED Meeting results. I can see it going both ways unfortunately but the trend says we find a lower low. My gut tells me a no deal no info meeting through the weekend on Ukraine, and more accommodations...

backupthetruck9000

Massive coil converges just in time for a fed meeting, could be coincidence. Commodity 10yr bill cycle alive and well more noticeable every day. Gold @3k would be a game changer for the miners with heavy reserves. Short term still neutral. Golden ratio puts this final leg @3.3k. This would heavily rely on interest rates going down, but not necessarily a game...

backupthetruck9000

After the drop from ATH, I believe the downtrend is started for wave c which still looks to be in play the medium and short term trend is ugly. Emergency Fed meeting? I think it’s price in, as always rate hikes were transitory. Could have been the plan all along might have to wait a while for new highs if confirmed. Look at the TIPS until the Fed steps in PT 3900.

backupthetruck9000 Updated 

Keeping the ZIRP thesis alive for now, 30s & 20s remain inverted now 5s could overtake 10s then 30s. Bonds are screaming for sure with inflation still growing m/m, more printing is inevitable to keep the economy going, and printing is how we got here. The next announcement for fed QE expansion, I believe will be the catalyst for golds big move out of the major...

backupthetruck9000

Coincidentally the .618 coincides with a breakout retest of the recent trend and a sell the news earnings. 12.25 PT reentry in the 10’s. First leg represents a 55% run. Short term neutral.

backupthetruck9000

Volume drying up here, imo we fill the gap at the mid 8’s and reassess on the retest of the breakout. Ford more than likely getting special pricing on chips, details were unclear. Potentially start of a longer leg down to upper middle 5’s. Too much negative energy around the names, the mob may overtake the growth in the short term. Or we just trade in the range...

backupthetruck9000

Last time this happened rates bottomeD with several catalysts. Next week should be interesting in ATH Earning season. It’s never what you know.

backupthetruck9000

Possibly profitable. Guidance is key, looking good for suprise imo.

backupthetruck9000

Talk about a fake reality in the real world and this happens.

backupthetruck9000

Appears to be inverse H&S forming on weekly, end of decade PT 90$. Confirmed by near term double top imo, the earlier pattern bottoms the better split and dividend increases possible more so split. Value

backupthetruck9000

Likely to retest breakout from the decent sized bull flag then 5k. 60-100 points max

backupthetruck9000

I see the S&P retest the gap previously filled earlier this week, during Friday’s witching. After that we head to the North Pole 4900$ PT. Don’t fight the fed perceived value is inflated.

backupthetruck9000

Spread looks eerily similar to 2006. Time will tell.

backupthetruck9000

.382 fib retrace if it holds say hello to 2%

backupthetruck9000

Inverse H&S forming in gold. I’ve liked gold since 1400$ and it seems like the best rally in the commodity in decades was followed by the biggest consolidation in the same stretch. PT 2400$

backupthetruck9000

Ascending triangle, Volume and RSI in line with the final coil. Hoping for swing opportunities in the mean time. Looking for earnings catalyst for breakout, entry at 139$ during retest. EOY should be looking good in the 160’s.