This week was action packed the feds pretty much told us what they want to do. What’s that, control inflation by all means possible of course they will over shoot we sit at 3.25% now. Then we had the yen issue it has dropped more than 20% to the dollar this year so the government stepped in and started to sell the dollar. Then the pound gbp sunk after the government announced tax cuts which will not help with there inflation. Pretty much every currency pegged to the dollar this week was down. I wonder when the de-peg will happen? Finally got to go over the, Summary of Economic Projections “SEP report” the last report in June only had a total of 5 votes for any rates above 4% this September report had 18 of 19 of the illuminati “head bankers of the fed” predicted 4.25% that’s a wild swing only one of them put the dot at 3.9% lol this is why we crashed so bad they don’t know what they want or are doing it’s all a guessing game they aren’t even following there own data numbers. I really hate to be doom and gloom but man it’s bad around the world. So this is my end of year prediction after I noticed the inverted cup and handle the other day I really wanted to post it faster then I did. The larger the timeframe the more powerful! This doesn’t mean we won’t have rallies to the upside it’s just there’s so much pressure now. I’m sure I’m missing some things that happened this week. Tomorrow I’ll post Mondays guess, its set up nicely. As always trade what’s in front of you. Enjoy your weekend
I know everyone has seen the head and shoulder pattern I just wanted to share what I see the more eyes the better right I believe there were no inverted C&H charts now there a few more pretty cool
I know everyone has seen the head and shoulder pattern I just wanted to share what I see the more eyes the better right I believe there were no inverted C&H charts now there a few more pretty cool
Comment:
youtu.be/T2IaJwkqgPk inside job
