EmptyEternity

EmptyEternity Updated 

Bitcoin will go a little lower until next week, then start to rocket again since USDJPY will be capitulating and that will force inflation to resurface. Inflation also means excess liquidity which is what bitcoin is, and is highly correlated to the nasdaq. I give it till summer when the BOJ pulls the plug and the FED is forced to hike rates again. This will force...

EmptyEternity

I see a sharp ramp up in commodities after Powell's presser on Friday when the inflation metrics come out and he sends a Dovish message (not hawkish enough). The dollar will end up turning back up this summer so I see this upward trend momentarily until after the FED goes in with CBDC's and then commodities will take off. At that point I doubt stocks will exist so...

EmptyEternity

The FED is playing fiddle while Rome burns, and Powell's dovishness will goad the markets and inflation higher until something cracks forcing the FED to increase rates even higher. I expect a larger attack in the Middle East that spikes the price of oil. Maybe a nuclear scare or an internet black out blamed on Iran by the neocons.

EmptyEternity Updated 

-The dollar bounced off the 200 ema -TTM Squeeze went off on the monthly chart -It's retracing after the launch -check below for more TF's -dollar going to 160 before a new Plaza Accord happens that revolves around a digital currency based on social credit scores (Mark of the Beast 666)

EmptyEternity Updated 

1. Trend is down over year and half 2. TTM Squeeze that usually bounces off opposite wall before reversing 3. Hitting resistance trendline repeatedly 4. Under 200ema I could see this ultimately hitting 200ema, which I would dump everything into going short, but this spot is good for a short as well. Always keep more dry powder and don't blow your load in one go!

EmptyEternity

Hitting resistance from trend established for over a year, hitting 200ema, low volume, TTM Squeeze usually hits opposite side before turning around - big move coming!

EmptyEternity

Set up for a head and shoulders down to orange support and then to red. The market will bomb even more after the FED pivots in Q3-Q4 of 23 - taking precious metals with it. PM's take around 3-5 months to bottom out on average (according to Sunshine Profit's research) before taking off in a down market.

EmptyEternity Updated 

The Bollinger Bands contracting inside the Keltner channel predicts an explosive move ahead that will last at least 8 days. Combine that with Newmont's Price Action creating a box which looks like it's breaking through. I would not be surprised if there was a retrace to the top of the box later today if action is aggressive, or Monday morning - then it's Sayonara...

EmptyEternity Updated 

Please check out my analysis on DXY I did which explains the time tables and variables. If I was any other currency (but Swiss) - I'd be buying gold and silver (physical). Your central banks will print away to appease the plebs as they start to install a ecurrency social credit score system. If I was American I'd wait a bit to buy gold and silver at least if...

EmptyEternity

Descending wedge over time represents the loose money policies we haven't been able to shake off since going off the gold standard which pushed us into an expansionary economy whose currency became the world reserve currency which energy was priced in (dollars). Now that the expansion has grown to trillions in debt (quadrillions in some currencies) - the only...

EmptyEternity Updated 

Fed is withdrawing the punchbowl, which is causing inflation in all other currencies - blowing up economies like the BOJ who now have declared unlimited bond buying - and the FED hasn't even started hiking in a major way. pbs.twimg.com If you look at a chart of the Yen it's flashing warning lights. Look at what happend to gold when the Yen (who supports the...

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Yuan is a ticking time bomb - and is squeezing. BOJ is devaluing Yen because dollar is exporting inflation to other currencies forcing stronger currencies to hike first before easing, and forcing EM's to ease immediately to stop them from blowing up their economy from deflationary tendencies. Yuan competes with Yen for labor competition - so Yen being devalued by...

EmptyEternity Updated 

Double Top, watch Powell pull out a 1%+ rate hike tomorrow instead of the .25%. This will crush oil and commodities (Russia and China) while also causing inflation in Russia and China as we tighten. Their economies won't be able to take that double whammy. I predicted a rise to 2,100 area, and then a descent to $1,575 and possibly $,1350.

EmptyEternity Updated 

Dollar is going up, due to EM currencies destructing like Turkish Lira. They will all go that route, blowing up the dollar. Gold will take a bath and it'll be the best time to add to your gold/silver pile - unless dollar keeps going...

EmptyEternity

Next year will be the year where stagflation turns into deflation. The dollar will roar and destroy Emerging Markets. This will cause a rush to the dollar as their economies blow up. The debt bubble will finally collapse as Central Banks resort to even more money printing pushing up the dollar in response past 120. Precious metals will capitulate worse than ever...

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King dollar is going to start getting heavy handed when you have: 1. Treasury soaking up money from FED's reverse repo 2. FED's reverse repo 3. FED's taper If China devalues the Yuan $USDCNY $USDCNH - then $DXY will soar to godly highs while pm's $XAUUSD $XAGUSD take a shit.

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I can see this taking a run up before crashing down in an epic fire due to deflationary forces seeking a haven for dollars. Good place for a straddle or married put scenario with a miner like Barrick or Newmont. Notice various run-ups before had a large run-up day, followed by a slightly higher day, before correcting hard (Friday or Monday). If it doesn't, $1,900...

EmptyEternity Updated 

Republishing this from my USDCNY post. 1. Head and Shoulders pattern 2. MA's + PA show a bottoming pattern 3. China will devalue the Yuan (Remnimbi) 4. Dollar $DXY will go over 106 5. Gold $XAUUSD will go below $1,500 oz. 6. Silvere $XAGUSD will go below $15 oz. Trade idea related to this currency pair that goes through other macro factors twitter.com 10, 20,...