Ajion

Channel Still holds: Patience bears, plus a RANT :)

AMEX:SPY   SPDR S&P 500 ETF TRUST
Bullz have defended the channel yet again. We didn't have a gap down, which after a more thorough analysis was obvious not going to happen as AAPL was holding the market up, plus TWILLIO lol @ 185 ROFL.

Anyways, now that reopening is going to hit the door so will the Stonk market is going to hit the wall, of a major resistance trend.

IF the trend is broken via gap, SHORT it to oblivion, otherwise stay vigilant.

Look into NVIDIA and NFLX as their valuation is running a little hot again.
Bears still got 1 more play with a resistance trend line, i guess bullz will try 300, and i don;t think bears can ask for better short price as bullz are going to be in the ever delusion that everything is back to normal.

Adjusted fibs a little, to reflect the change int the ever growing channel that will break down!
Stay strong bears stay STRONG :)

// MOST IMPORTANT
As u have noticed, i don;t do short term TA, because when u trade there is no time, so just because i say bear, when the market shows me otherwise i don;t continue to be stubborn, i turn either bullish or leave for the next day. MY TA is expectations, if they are not meant that means the opposite is probably true.

Stay vigilant, stop loss, Risk management come on guys, stay frosty.

** FRACTAL DATES **
Fractal dates are doing alright so far.
MAY 12th, MAY 18th, MAY 28th

**RANT STARTS**
BANK are no longer hiding their participation in a direct stock buying. Print and prompt the stonk market.

So let me try to explain the current world economy:

Central bank prints fake bs money aka just added zeros to their bank account via Oracle DB.

Then lends it out at some minute interest rate to other banks, governments, hedge funds, or other key players.
Then Corporations, take loans from those said institutions and issue buy backs thus on paper everyone in gains, while NOTHING was created or produced except for higher stock value, which they own in a first place.

So let me simply the scheme even further, instead of printing money and investing into the country and your people. We instead print money to prop up stock market, which has value of 0!!!! U can;t eat with stock, u can;t hire anyone with it. It is the worst asset on a planet earth, in fact, it has less value than any shit coin out there. Why because, the valuation of stock is only defined because the banks are forever holders, and they will continue to print money and to continue to prompt up the STONK market because that is their definition of ECONOMY!!

Let that sink everyone! IF you are not incorporating yet, u should ! GO IPO asap, because the world under the banking finances only matters if u own stock or can issue stock. So please guys, if u do one thing in 2020, incorporate yourself!! Issue stock, and play their dump game, WAKE up people, own CRYPTO 2029 is coming!

We need to start taxing banks that buy stock on each transaction!
**ENDS**

**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support

Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.

~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
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